Dixieland Commercial Possible Redevelopment

Rare opportunity to acquire a highly visible redevelopment corner in Lakeland's thriving Dixieland District. Situated on the signalized hard corner of South Florida Avenue and Palmola Street, this exceptional 0.51-acre property offers investors, developers, and owner-users the opportunity to create one of the area's next landmark commercial projects.

The offering consists of two contiguous C-2 zoned parcels with over 23,000 vehicles per day along South Florida Avenue, one of Lakeland's primary commercial corridors. Whether envisioned as boutique retail, restaurant, office, medical, or a mixed-use development, the property's prominent visibility, flexible zoning, and strategic location make it one of the most compelling redevelopment sites currently available.

Unlike many redevelopment opportunities, this property provides immediate holding income while future plans are developed. The existing auto repair facility is currently leased for $3,800 per month on a month-to-month basis, providing some cash flow with the flexibility for future redevelopment.

The adjacent 1925 structure, formerly utilized as a professional office, offers additional flexibility for a purchaser. While many buyers may elect to redevelop the entire site, others may explore restoration or adaptive reuse opportunities, depending on their vision for the property.

Located within Lakeland's vibrant Dixieland District, the property is surrounded by an eclectic mix of popular restaurants, breweries, boutiques, professional offices, and beautifully restored historic homes. Just minutes from Downtown Lakeland, Lake Hollingsworth, and the Polk Parkway, the location continues to benefit from significant public and private investment, making it one of Central Florida's most desirable urban neighborhoods.

An added advantage is that the property is enrolled in Florida's State Petroleum Cleanup Program, providing an established environmental remediation pathway that significantly reduces potential out-of-pocket cleanup costs for future ownership.

This offering represents a unique opportunity to acquire a highly visible corner with existing income, redevelopment flexibility, and exceptional long-term upside in one of Lakeland's fastest-growing commercial districts.

*Some images contained within this marketing package are AI-generated conceptual renderings.

Highlights

• One of the last highly visible redevelopment corners available in Lakeland's rapidly evolving Dixieland District.
• Property addresses include 1304 S. Florida Ave and 113 Palmola St.
• Lakeland's "Road Diet" to be complete late 2027, which will further enhance this corner's appeal. See renderings below.
• Situated within the Lakeland Community Redevelopment Agency (CRA), where development incentives may be available to qualifying projects.
• Excellent opportunity with flexible C-2 zoning on both parcels, allowing for a variety of retail, restaurant, office, medical, mixed-use, and commercial development concepts.
• 23,000 vehicles per day (AADT) provide outstanding visibility and exposure along Lakeland's primary commercial corridor.
• Immediate holding income from the existing 2,138 SF auto repair facility, currently leased for $45,600 per year on a month-to-month basis with a 30-day termination option.
• The rear parcel features a 2,692 SF former professional office, originally constructed in 1925. The building was previously occupied by a law firm.
• Just minutes from Downtown Lakeland, Lake Hollingsworth, the Polk Parkway, and Interstate 4, providing convenient access throughout Central Florida.
• City water and sewer available.
• 2026 Property Taxes: $8.949.
• Property enrolled in Florida's State Petroleum Cleanup Program, providing an established environmental remediation pathway that significantly reduces potential out-of-pocket cleanup costs for future ownership.

For more information please visit:
https://commercial.saundersrealestate.com/commercial-property-for-sale/1304-s-florida-ave-lakeland-fl-33803/