302 Garrett Road
Avon Park, FL 33825
- 5 beds
- 3 baths
- – sqft
- ~2 acre lot
- 1976 build
- – on site
Incredible multi-family investment opportunity in a growing area of Avon Park! Full renovations completed in 2022 include new tile flooring throughout, updated windows, doors, kitchens, and bathrooms, as well as new fascia and soffit boards. The property has been rewired with updated electrical systems, including separate panels and meters for each unit This income-producing triplex sits on a cleared and surveyed 1.73-acre parcel zoned for multi-family residential use with city water already connected. Located just minutes from the newly developed Twin Lakes community, this property is ideal for both immediate cash flow and long-term development. The triplex consists of three units: Unit 1: 1 bedroom / 1 bathroom – currently rented at $1,250/month with a tenant on a 6-month lease Unit 2: 2 bedroom / 1 bathroom – vacant, previously rented for $1,450/month Unit 3: Slightly larger 2 bedroom / 1 bathroom – vacant, also previously rented for $1,450/month The combined potential monthly rental income is $4,150, making this a high-yield opportunity for investors looking to grow their portfolio. With two units vacant and easy to show, you can start generating income immediately while leasing up or renovating to add further value. The expansive 1.73 acres offer space and flexibility for future development — add more multi-family units or consider rezoning opportunities (buyer to verify with city/county). The land is cleared, flat, and ready for your vision. Whether you’re a seasoned investor or just getting started, this property checks all the boxes: location, zoning, rental income, and room to grow. Don’t miss your chance to capitalize on the rising demand in this rapidly developing area.
Last checked:
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Last updated May 2, 2025
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MLS# 314969 —
The Building
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Year Built:1976
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Architectural Style:One Story
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Roof:Shingle
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Levels:One
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Stories:1
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Window Features:Blinds
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Construction Materials:Block, Concrete
Interior
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Interior Features:Ceiling Fan(s), Window Treatments
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Flooring:Tile
Financial & Terms
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Possession:Closing
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Listing Terms:Cash, Conventional
Location
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Directions:From Sebring Walmart intersection, turn left on US Hwy 27 heading north. Travel on US Hwy 27 n for 5 miles & turn right onto W Hal McRae Blvd. Travel on W Hal McRae Blvd for 0.5 mile & turn right onto S Lake Blvd. Travel on S Lake Blvd for 0.5 & turn left onto Garrett Rd, your destination will be on the left.
The Property
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Parcel Number:C-27-33-28-150-0000-078A
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Property Type:Residential Income
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Property Subtype:Other
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Property Subtype Additional:Other
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Property Condition:Good Condition, Resale
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View:Lake
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View:Yes
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Lot Size Acres:1.73
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Lot Size Area:1.73
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Lot Size Square Feet:75979
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Lot Size Units:Acres
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Zoning Description:R3
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Frontage Length:765
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Additional Parcels:No
Listing Agent
- Contact info:
- Agent phone:
- (863) 658-3780
- Office phone:
- (863) 658-3780
Taxes
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Tax Year:2024
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Tax Legal Description:LACEY HILL-CONNELL UNREC SOUTH 97.02 OF WEST 795 FT OF THE NW 1/4 OF SE 1/4 LESS WEST 20 FT FULLY DESC IN OR 393-PG 857 T A NO 78A
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Tax Annual Amount:2992.25
Beds
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Total Bedrooms:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Branded:https://www.propertypanorama.com/instaview/heartland/314969
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/heartland/314969
Heating & Cooling
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Heating:None, Wall Furnace
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Heating:No
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Cooling:No
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Cooling:None, Wall Unit(s)
Utilities
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Utilities:Sewer Not Available
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Sewer:None, Septic Tank
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Water Source:Public
Appliances
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Appliances:Electric Water Heater, Microwave, Oven, Range, Refrigerator
The Community
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Community Features:None
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Pool Features:None
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Association:No
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# of Units In Community:3
Parking
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Parking Features:Driveway, On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).