2001 N Gaster Rd, Avon Park, FL 33825

This is a unique lakefront property on 7.2 acres with 325' of lakefront on Lake Damon, a clean sand bottom lake. This is an excellent investment property with many options. Along with a single family home with 4 bedrooms 2 bath there are 3 duplex buildings with 6 rental units. Each unit has 2 bedrooms, one bath. In addition there is a platted 9 unit grandfathered in mobile home park with 5 lots currently rented. Each duplex unit rents for $450 per month. Mobile home lot rent is $200/mo. Total rental income is $3,700/mo. There is also a large metal maintenance/storage building. The main home has a large living room, family room, dining room/den area plus a bonus room that can be used for an office. The spacious floor plan offers a large living room and family room with picture windows to enjoy the beautiful evening sunsets. The dining room also has a bonus space or lounging area which add additional room when entertaining. The bedrooms share a full bathroom. A building behind the carport has a laundry room and 4th bedroom with full bathroom. The home and property offers beautiful lake views. This is a one of a kind property. Rental duplexes are concrete block with metal roof. Each is two bedrooms with one bath. The living room/dining area are separated by a breakfast counter. These are currently used for year round rental. These units would make ideal seasonal rental units for winter rentals. The mobile home park has 5 older mobile homes that are owned by the residents. They do not have leases. These spaces are grandfathered in, so could be replaced with newer rental units. Enjoy lakefront living while generating income and then hold for future development potential. This property can be annexed into the City of Avon Park. Water and sewer are available. Possible potential use includes multifamily, a mobile home/rv park, or single family residential sites with rezoning.