$265,000
$299,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
10,488 SqFt
SOLD DATE : 10/16/2020
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,488 sqft
Price per Sqft $25
Subdivision Wilson Sub
MLS Listing ID P4912490
Sold Date 10/16/20
HOA Y/N No
Year Built 1926
Annual Tax Amount $3,582
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x129
Property Description
Opportunity knocks! Endless possibilities.
Solid two story brick building is nestled on a corner in the heart of Avon Park and diagonally across the street from the historic Jacaranda Hotel.
Currently there are 7 studio apartments (2 on the first floor, and 5 on the 2nd floor) and a one bedroom apartment on the 2nd floor.
The first floor features 2 studio apartments , a large retail space up front with 2 bathrooms, an expansive open area currently being used for martial arts classes, a kitchenette and storage rooms.
The 2nd floor features a large unfinished open space which is currently vacant.
There is an old freight elevator that could possibly be resurrected back to working order. Freight elevator does not function.
The 2nd floor also features a coin-op laundry room.
In addition to the apartments, some other possibilities could include adding more apartments, art studio, yoga studio, offices, storage, etc.
Location
State FL
County Highlands
Community Wilson Sub
Zoning C4
Interior
Heating Central
Cooling Central Air
Appliance Refrigerator
Exterior
Garage 6 to 12 Spaces, Ground Level
Utilities Available Electricity Available, Water Connected
Waterfront false
Roof Type Built-Up
Parking Type 6 to 12 Spaces, Ground Level
Building
Lot Description Central Business District, Corner Lot, City Limits, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Structure Type Block
New Construction false
Others
Pets Allowed No
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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