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    Multi-Unit Retail and Auto Property Title is generated by Realmo AI

    7805 S Florida Avenue, Floral City, FL 34436

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    For Sale
    $349,000

    SINGLE_FAMILY - Floral City, FL

    Type:Retail
    Property size:
    3,229 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $108/SF
    Added:
    Apr 27, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 5 at 11:06 pm

    Property Features for 7805 S Florida Avenue

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    GNC
    Parking
    12
    Parking features
    Parking Lot
    Interior features
    HighCeilings
    Standard status
    Active
    APN
    1857520
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    MOONS 2ND ADD TO FLORAL CITY PB 2 PG 47 LOT 7 BLK 2 --&-- PART OF LOT 6 BLK 2 DESCR AS FOL: COM AT NW COR OF LOT 6 BLK 2 TH S AL W LN OF LOT 6 66 FT TO POB TH N 89 DEG 59M 40S E AL S LN OF N 66 FT OF LOT 6 63.34 FT TH N 4 DEG 59M E 3.86 FT TO SW COR OF BLDG KNOWN AS LOVE PACKING HOUSE TH AL WALL OF BLDG FOL COURSES & DIS: S 85 DEG 1M E 13.9 FT S 4 DEG 59M W 1.35 FT S 85 DEG 1M E 11.1 FT N 4 DEG 59M E 1.35 FT TH S 85 DEG 1M E 19.22 FT TO S LN OF N 66 FT OF LOT 6 TH S 85 DEG 1M E AL WALL OF BLDG 7 .6 FT TO W R/W LN OF ACL RR TH S 24 DEG 14M 50S W AL R/W 92.51 FT TO S LN OF LOT 6 TH S 89 DEG 59M 40S W AL S LN 77.31 FT TO SW COR OF LOT 6 TH N AL W LN OF LOT 6 85 FT TO POB EXC R/W OF US HWY 41 DESC IN OR BK 1386 PG 366 OR BK 2175 PG 1522
    Tax Annual Amount
    2830

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Laminate, Concrete
    Building materials
    Block, Concrete
    Roof type
    Asphalt, Shingle, Metal

    We can help!

    Listing Contact
    LaWanda Watt

    Listing agent LaWanda Watt License #3276809

    Listing office Century 21 J.W.Morton R.E. 1645 W Main Street, Inverness, FL

    Listing date Apr 27, 2026

    MLS# 854361

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑building multi‑tenant commercial property totaling approx. 3,229 SF on +/-0.20 acres
    • Main concrete block building features 2 units totaling approx. 2,779 SF: +/-1,570 SF retail and +/-1,209 SF automotive/mechanical
    • Second detached building adds approx. 450 SF of additional retail or office space
    • Updated improvements include newer metal roof, upgraded 200‑amp electrical service and panel, and 2008 remodel of former flower shop space
    • Central air and high ceilings; laminate and concrete flooring
    • Public water and septic tank sewer; asphalt/shingle and metal roofing

    Overview

    This multi-tenant commercial property features two buildings on approximately 0.20 acres. The main concrete block building contains two units totaling approximately 2,779 SF, including an estimated 1,570 SF retail space and an estimated 1,209 SF automotive/mechanical space. A second detached building provides approximately 450 SF of additional retail or office space. Improvements include a newer metal roof, upgraded 200-amp electrical service and panel, and a full remodel of the former flower shop space in 2008.

    The property is positioned for visibility along South Florida Avenue and includes direct rear frontage along the Withlacoochee State Trail. The site backs up to the trail, creating an opportunity for trail-oriented concepts and service users, alongside more traditional storefront activity.

    With multiple units and a mix of retail and automotive-mechanical space, the layout can support an owner-user, a multi-tenant setup, or a buyer seeking flexibility in how space is configured and occupied. The automotive/mechanical portion may also present an option for a retail or service-based conversion, depending on the intended use under the existing GNC zoning designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    April Flowers (Bike/Boat/Book/etc) Store Wize Buyz Inc. Real Estate Agency Florist (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • April Flowers — 7805 S Florida Ave #41, Floral City, FL 34436
    • Florist — 7805 S Florida Ave #41, Floral City, FL 34436

    Location Insight

    • Map
    • Local Demand
    City
    Floral City
    County
    Citrus
    State
    Florida
    Longitude
    -82.296884
    Latitude
    28.749474

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    FAQs

    What type of property is this?
    Storefront property - Two-building commercial site with retail and automotive-mechanical space, plus trail-adjacent rear frontage for flexible tenant use.
    Where is this storefront property located?
    The property is located at 7805 S Florida Avenue Floral City, FL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Two‑building multi‑tenant commercial property totaling approx. 3,229 SF on +/-0.20 acres; Main concrete block building features 2 units totaling approx. 2,779 SF: +/-1,570 SF retail and +/-1,209 SF automotive/mechanical; Second detached building adds approx. 450 SF of additional retail or office space
    (352) 726-6668
    We can help!
    Listing Contact
    LaWanda Watt
    Real Estate License ID: 3276809
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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