104 Us Highway 27 S, Avon Park, FL

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,200,000

000

MLS® 321898

Overview

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $7,690

Days Active 56

Approx. Age 1957

MLS® Number 321898

Property Address: 104 Us Highway 27 S, Avon Park, FL, 33825-3337

Average square foot calculated using Size range provided by listing agent.

Description

VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY – PRIME US-27 FRONTAGE Rare chance to acquire a high-visibility commercial property along US-27 in Avon Park with exceptional redevelopment upside. The property currently features a 5, 670 SF retail strip center fronting US-27, a 3, 198 SF secondary building, and an 875 SF apartment, offering immediate income with significant repositioning potential. The proposed redevelopment concept transforms the property into a modern hybrid retail + self-storage facility, capitalizing on strong highway exposure and growing demand for climate-controlled storage. The concept includes 5 renovated retail suites along US-27, second-floor climate-controlled storage (~5, 000 SF) above the retail, a signature tower/parapet feature visible from the highway, three neighborhood retail suites in the rear building, and a secure drive-up mini-storage courtyard (approx. 60–70 units) positioned behind the buildings. This configuration creates a diversified income property with multiple revenue streams from retail, climate storage, drive-up storage, and residential rental. Based on market rents and the proposed layout, the stabilized redevelopment scenario indicates the potential for significant income growth and value creation compared to the current under-market rents and vacancy.Upside Potential Proforma 8%+- Cap Rate /$214k+- NOI;Ideal buyers may include: 10 Federal Storage, Absolute Storage Management, Out O’ Space Storage, Prime Storage Group or Independant Operator affiliated with UHaul. Current below market rate tenants including a hair salon, pet store, nail salon, Bingo parlor, etc. Buyer to verify all information and perform independent due diligence.

MLS® Number321898

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1957

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 27, 2026List Date

$1,200,000List Price

-End Date

Not Sold YetSold Price

For Rent

Jan 26, 2026List Date

$1,375List Price

Map

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