Property details
About 302 Garrett Rd
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.
Highlights
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 5
- Parking: Driveway, On Street
- View: Lake
- Architectural Style: OneStory
- Heating: None, Wall Furnace
- Cooling: None, Wall Unit(s)
- List Price: $494,900
- Annual Tax Amount: $2,780
- Tax Year: 2023
- Directions: 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.
- Year Built: 1976
- Lot Size: 1.73 Acres
- MLS Number: 314969
- MLS Name: HeartlandFL
- Office Name: KW PEACE RIVER PARTNERS
- Office Phone: (863) 658-3780
- Office Email: klrw871@kw.com
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Heartland Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 5:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 01, 2022 | Home Sold | $210,000 |
| Nov 02, 2012 | Home Sold | $26,500 |
| Dec 02, 2003 | Home Sold | $25,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $148,346 | $2,780 |
| 2022 | $88,627 | $1,923 |
| 2021 | $98,134 | $1,923 |
| 2019 | $61,296 | $1,564 |
| 2017 | $53,741 | $1,394 |
History based on county public records data.
Nearby schools
3
Avon Elementary School
Public District PK-5
1.7 mi
•705 Winthrop St
3
Memorial Elementary School
Public District PK-5
2.0 mi
•867 Memorial Dr
6
Park Elementary School
Public District PK-5
2.2 mi
•327 E Palmetto St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,425. Residents of Avon Park, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Stein Mart
Kmart
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational
Adult Standards- Oldies
Frequently asked questions
About 302 Garrett Rd
The listing price of 302 Garrett Rd property is $494,900.
The property 302 Garrett Rd is a house located in Avon Park, Florida, 33825.
Active Listing: 302 Garrett Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 302 Garrett Rd are: Avon Elementary School (GreatSchools Rating 3/10), Memorial Elementary School (GreatSchools Rating 3/10), Park Elementary School (GreatSchools Rating 6/10), Avon Park Middle School (GreatSchools Rating 4/10), Hill Gustat Middle School (GreatSchools Rating 5/10), Sebring Middle School (GreatSchools Rating 5/10), Avon Park High School (GreatSchools Rating 4/10), Highlands Virtual School (GreatSchools Rating 3/10), Sebring High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,780 (source: MLS/based on county public records data).
The last sale was on June 1, 2022 for $210,000 (source: MLS/tax record).
The property at 302 Garrett Rd has 5 bedrooms and 3 bathrooms.
The year of construction for 302 Garrett Rd is 1976.
This home is located at 302 Garrett Rd in Avon Park, FL and zip code 33825. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $494,900.
Avon Park, FL housing market in June 2025 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 12 sold below. Between May and June 2025, Avon Park, FL real estate market has seen increase in the number of listings by 5.2%. The median list price of listings available in June 2025 was $252,900, while the average time on the real estate market was 120 days.