Skip to main content
Back to Search Results
|

302 Garrett Road, Avon Park, FL 33825

For Sale

$494,900

5 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 314969

Courtesy Of Keller Williams of Highlands County

(863) 658-3780

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block, Concrete
  • Floor Covering
    Tile
  • Lot Size
    1.73 Acres
  • View Type
    Lake

Map and Directions

Directions to 302 Garrett Road, Avon Park, FL 33825

Home seller CENTURY 21 Watson & Myers Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Watson & Myers Realty

(863) 324-1000
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading