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302 Garrett Road, 
Avon Park, FL 33825

$505,000


5

Beds


3

Baths


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jonathan Gonzalez

Kw Peace River Partners

863-658-3780

Last updated:

May 2, 2025, 02:48 PM

MLS#

314969

Source:

FL HAR

About This Home

302 Garrett Road

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1976

Price Summary

505,000

MLS #:

314969

Last Updated:

May 2, 2025, 02:48 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1976


Lot

Lot Size (Sq. Ft):

75,358


Finances & Disclosures

Finances

Price:

$505,000

Source:FL HAR
The information being provided by Heartland Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Heartland Association of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.