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    5216 Florida Ave Lakeland, FL 33813-2516
    Property profile & analytics

    5216 Florida Ave, Lakeland, FL 33813-2516

    View on Map

    • Turn key restaurants
    • 9,366 SF
    • 1.41 lot acres
    Off-Market
    Last Sale Feb 20, 2024
    $1,300,000
    Property ID
    US18-3018358
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,300,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Roofers of Lakeland FL / Roofing Company / General Contractor

    Property Details for 5216 Florida Ave

    Year built
    1986
    Lot size
    1.41 lot acres
    Property type
    Turn key restaurants
    APN
    232912000000024200
    APU
    232912000000024200

    Description

    This exceptional, Class A, 3,870 square foot retail and office building, constructed in 2023, presents a unique investment opportunity. Located on S Florida Ave, the property boasts 175 feet of prime road frontage, ensuring high visibility and accessibility. The single building comprises 53 individual suites, offering flexibility for various tenants. A significant feature is the inclusion of a 1,400 square foot drive-thru Dunkin' Donuts, already secured. An additional 2,470 square feet of adjacent space is currently available for lease, ideal for retail or office use. Future development plans include a second free-standing building with 2,550 square feet of space. Ample parking is provided with 53 spaces and multiple convenient access points. The 1.41-acre lot provides ample space for expansion and maneuvering. This property is situated in a high-traffic area, offering excellent potential for strong returns. The building's modern design and prime location make it an attractive option for a variety of businesses. The property's multiple suites and ample parking cater to a diverse range of tenants, maximizing rental income potential. This is a rare opportunity to acquire a brand-new, high-quality commercial property in a thriving location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,300,000
      ML approach
      $1,300,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9616
    Latitude
    27.9709
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,880
    $277,034
    $794,975
    $1,072,009
    -
    $277,034
    $794,975
    $1,072,009
    More about this property
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