819 North Florida Ave

Highlights:

• CRA Tax incentives available for interior/exterior renovation and food service
• Possible CRA Tax incentives for new construction
• 1.5 ± acres in the Midtown Lakeland CRA
• Large upside for income with property leasing and management
• Four vacant buildable lots for additional income
• Cars per Day 28,500

Description:

The site consists of four (4) buildings and eight (8) vacant lots, totaling 16,718 ± SF and 1.5 ± acres, respectively. Tenants are on a month-to-month basis and provide marginal income. The lighted corner location and its proximity to Downtown Lakeland make this property ripe for redevelopment. The property fronts North Florida Ave, Parker Street, and Tennessee Ave, with approximately 300, 140, and 200 feet of frontage, respectively.

The subject enjoys a common city parking lot that fronts North Florida Ave and features additional parking space behind the existing buildings. The property also makes part of the Midtown Lakeland CRA.

The immediate market has seen recent development and growth, highlighted by new developments such as The Well (coworking space), The Yard on Mass, Haus 820 (event venue), and the new Mirrorton Apartments.

The subject enjoys a common city parking lot that fronts on North Florida Ave. It is in the Midtown Lakeland CRA. Additional parking is located behind the existing buildings.

City of Lakeland

The site consists of 4 buildings and 8 vacant lots. Tenants are on a month to month basis and provide marginal income. This is ripe for redevelopment. There are a total of 8 lots with road frontage on North Florida Ave, Parker Street and Tennessee Ave.
Approximately 300 feet of frontage on North Florida Ave, 200 feet of frontage on Tennessee and 140 feet on Parker Street.
Traffic light at the corner North Florida Ave and Parker Street.

City of Lakeland

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