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Property profile & analytics
OFF-MARKET
Office buildings

705 Park Ave Lake Park, FL 33403-2537

2,016 SF 0.22 ac lot Built 1981
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-3843752
Property summary
AI-generated overview

This exceptional 2,016 square foot special purpose property, located at 705 Park Avenue #A, presents a rare leasing opportunity in the heart of Lake Park. Currently configured as a single-tenant space, it features a welcoming reception area and a large, adaptable back room. This versatile space is ideal for a variety of professional uses, easily accommodating a training facility or multiple individual offices. The property's zoning is PADD(c), and its APN is 36434220010110420. Ample private parking is available on-site, ensuring convenient access for clients and staff. The interior boasts brand new tile flooring and fresh paint, creating a modern and inviting atmosphere. While photos are forthcoming, this property offers a unique chance to establish a prominent presence in a desirable Lake Park location. The property is available for occupancy on August 1st, 2025. The lot size is not currently available. This is a single-tenant building with no additional suites.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1981
Construction WOOD
Total area 2,016 SF
Lot 0.22 ac (9,374 SF)
Zoning code PADD
APN 36-43-42-20-01-011-0420
UPID US18-3843752
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Houses & Land LLC · 5 yrs held
Houses & Land LLC
since 2020
Last sale
$377,000
7 recorded transactions
2020
$377,000
2011
$165,000
2007
Price N/A
2006
Price N/A
1997
Price N/A
1997
Price N/A
1969
Price N/A
Zoning & alternative use
PADD · Lake Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

It is the purpose and intent of the Park Avenue Downtown District to provide urban development which is reflective of early master plans for a small scale traditional downtown commercial area, buildings and structures that relate to the pedestrian environment at a human scale which, in conjunction with public investments, help to create a sense of place, The…

Zone name Parks Avenue Downtown District
General category COMMERCIAL
Zone area 52.44 ac
Source Realmo
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