Dixieland Commercial Possible Redevel Corner

Redevelopment/Income Producing/Mixed Use Opportunity! Two separate parcels and two separate structures. Addresses include 1304 S Florida Ave & 113 Palmola St. A rare half acre (.51) on a hard corner at South Florida Ave and Palmola Street (just north of Ariana Street). Both parcels are zoned C-2 City of Lakeland.

The highest and best use would be a retail or office redevelopment. The auto repair shop fronting S Florida Ave is income-producing - generating $3,200/month. The tenant is on a month to month lease with a 30 day out.

The rear building is a vacant former historic home built in the 1920s, and for the past several years, was utilized as an attorney's office. It needs renovation, but could be restored to its original charm and either utilized by an owner/user or leased at market rate.

The Dixieland corridor is one of the trendiest locations in Lakeland, combining retail, restaurant and office, with an established and highly desired residential component. Great location within the City, close to the Downtown district, and major roadways.

• .51 AC hard corner - Dixieland, South Florida Ave & Palmola St., Lakeland. Addresses include 1304 S Florida Ave & 113 Palmola St.
• Both properties are zoned C-2, City of Lakeland. Redevelopment, income producing, and mixed use.
• The auto shop is 2,138 SF on .32 acres and is currently leased at $3,200 per month. This is a month to month lease, with a 30 day out. The Tenant is interested in staying on, but the Buyer will have the choice.
• The office is a former historic single family home, built in 1924 - 2,692 SF on .19 acres. Over the past several years, it was used as a law office. It too is zoned C-2.
• Dixieland is one of the trendiest spaces in the city, highlighting retail, restaurant and office. Convenient location only a couple of minutes from downtown with easy access to the Polk Parkway, I-4, and the north and south sides of Lakeland.
• The residential component of the neighborhood is highly desirable, due to its location in the city, as well as the restoration of many homes and businesses.
• The Dixieland area is also a designated district in the Lakeland Community Redevelopment Agency. The CRA works with businesses, developers, and property owners to improve the quality of life for residents. Development incentives may be available
• City water and sewer.
• Property taxes - $7,932 (2024)
• AADT 23,000

For more information please visit: SVN Saunders Ralston Dantzler