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302 Garrett Road

Avon Park, FL 33825
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Bed 5

Bed

Bath 3

Bath

Acres1.73

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $475,500

AD Id : 57798657

MLS Id : 314969

Beds : 5

Lot Size : 1.73 Acres

Year Built : 1976

County : Highlands

Subdivision: Sebastian Highlands

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Shingle

    Flooring Information

    Tile
  • Interior Features

    CeilingFans, CableTv, WindowTreatments
    Roof: Shingle
    Appliances: ElectricWaterHeater, Microwave, Oven, Range, Refrigerator
    Window Features: Blinds
  • Heating & Cooling

    Heating: None, WallFurnace Cooling: None, OneUnit, WallUnits

  • Building Information

    Year Built: 1976
    Construction Materials: Block, Concrete
    Stories: 1
    Frontage Length: 765
    Pool Features: None
    Private Pool: No
    View: Lake

  • Lot Information

    Main Square Feet: 1.73 Lot Size Acres: 1.73 Lot Size Square Feet: 75,979

  • Listing Price Information

    Listing Price: $475500
    Original Price: $505000
    Cash, Conventional

  • Tax Information

    Parcel Number: C-27-33-28-150-0000-078A Tax Year: 2024 Annual Tax: $2992.25 Tax Legal Desc: 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

  • Utility Information

    SewerNotAvailable
  • Location Information

    Direction: 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. WaterSource: Public
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Nearby Home Value

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2551 N Avon Blvd, Avon Park, FL, 33825 $229,000 3 2 1,556 1,556 SqFt
1771 & 1783 N Torringto.., Avon Park, FL, 33825 $245,000 2 2 --
189 N Oleander, Avon Park, FL, 33825 $349,900 3 2 --
2544 N Arrowhead Raod, Avon Park, FL, 33825 $299,000 3 2 1,500 1,500 SqFt
948 S Riverdale Road, Avon Park, FL, 33825 $725,000 2 2 2,378 2,378 SqFt
5116 Birkdale Drive, Avon Park, FL, 33825 $320,000 2 2 1,495 1,495 SqFt
3556 E Glen Eagles Drive, Avon Park, FL, 33825 $424,850 2 2 2,505 2,505 SqFt
3541 E Glen Eagles Drive, Avon Park, FL, 33825 $435,000 2 3 2,092 2,092 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Heartland Association of REALTORS®. IDX information is provided exclusively 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. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Heartland Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/10/2026 @ 21:36

MLS: 314969 LISTED BY: Jonathan Gonzalez, KW PEACE RIVER PARTNERS 863-658-3780 SOURCE: HLAND

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