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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1800 Claradge Ave, Avon Park, FL 33825

    Entity Owned 4-yr Hold
    Property ID
    US18-0118947
    Property summary
    AI-generated overview

    This exceptional 21-acre property located at 1800 E Claradge Avenue, Avon Park, Florida, 33825 presents a unique investment opportunity. Zoned for multifamily development (up to 16 units per acre), this site boasts 870 linear feet of stunning lakefront and is ideally suited for a small community of homes or apartments. Park Model manufactured homes are permitted. The local planning authority is prepared to facilitate a generous Planned Unit Development (PUD), offering flexibility in building types, designs, colors, and smaller unit sizes. Importantly, there are no impact fees associated with development. This property sits at 100 feet above sea level and enjoys readily available power, water, sewer, and communication services on East Claradge Avenue. The site is situated within Opportunity Zone #12055960103, offering potential tax advantages. Note that RVs and container homes are not permitted. A short-term seller financing option is available with a 50% down payment. This is a rare chance to acquire a prime multifamily development site in a desirable location with significant potential for growth and return.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-0118947
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jacamar Lakeside LLC · 4 yrs held
    Jacamar Lakeside LLC
    since 2021
    1 recorded transaction
    2021
    $425,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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