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Property profile & analytics
FOR LEASE
Turn key restaurants

3437 Florida Ave S Lakeland, FL 33803

4,895 SF 0.75 ac lot Built 1984
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-0975553
Property summary
AI-generated overview

This exceptional 4,623-square-foot retail space, situated on a 0.75-acre lot at 3437 Florida Ave S in Lakeland, Florida, presents a unique opportunity for restaurant entrepreneurs. The single-tenant building, constructed in 1984 and renovated in 2006, is currently vacant and ready for immediate occupancy. Its strategic location as a Walmart outparcel in Polk County ensures high visibility and significant foot traffic. The property boasts a C-4 zoning classification, ideal for a variety of restaurant uses, including coffee shops and cafes. The building is a single-story structure offering ample space for a full-service restaurant or a fast-casual establishment. With its convenient location, substantial square footage, and recent renovations, this property offers a turnkey solution for establishing a thriving restaurant business. The address is 3437 Florida Ave S, Lakeland, FL 33803. The property's convenient location and ample space make it an ideal investment for those seeking a high-traffic, high-visibility location in a thriving community. The property is zoned C-4, allowing for a variety of restaurant uses. This is a rare opportunity to acquire a well-located, ready-to-occupy restaurant space in a high-demand area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 4,895 SF
Lot 0.75 ac (32,596 SF)
Zoning code C-4
APN 232836000000021020
UPID US18-0975553
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
Current use
Occupant on record · Public records
  • Emergency Dentist 24/7 Lakeland Dental Office
  • Hooters Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.35M
Owner & transaction history
Cre Florida LLC · 1 yrs held
Cre Florida LLC
since 2025
Last sale
$2.4M
6 recorded transactions
2025
Price N/A
2025
$2.4M
2017
Price N/A
2005
$1.4M
2002
$588,800
1969
Price N/A
Zoning & alternative use
C-4 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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