CENTURY 21 Edge
✦ Mixed Use

Commercial Sale · Mixed Use

$959,000$1,166,0004,572 sq ft$210 /sq ft0.31 acres8 units10.4% cap

19 W EAGLE AVENUE, EAGLE LAKE, FL, 33839

Active320 days on marketListed Sep 8, 2025MLS #TB8424613

About this property

The property at a glance

** Prime Investment Opportunity – 8 Units + Portfolio Option ** Introducing a fully renovated 8-unit income-producing property with a 7.5% CAP located on a large corner lot in Eagle Lake. The property consists of 8 apartment units and 1 detached single-family home, offering versatile rental options for steady cash flow. Built with a combination of concrete block and wood frame, this property underwent a complete renovation with a NEW roof in 2022, all new electrical, all new plumbing (CPVC & PEX), luxury vinyl plank (LVP) flooring, new appliances, countertops, tankless 30-gallon water heaters, and fresh interior/exterior paint. Every system and finish has been modernized to minimize maintenance and maximize return. This property has a proven rental history, leasing quickly due to its quality updates and prime location. Investors will also appreciate the opportunity to purchase it as part of a larger portfolio consisting of an additional single-family home on 1/3 acre, totaling 9 units across 2 parcels. With rents in Eagle Lake increasing over 300 p ercent in the last decade and the current average rent hovering around $2,000, this property presents a rare chance to secure a total $85,000 NOI at a 7.5 cap rate for 8 units - due for 2026 rent increases for an extra $6,000 NOI. Other properties included in the optional portfolio: 652 N Jackson St. Don’t miss this exceptional opportunity to expand or establish your rental portfolio in one of Central Florida’s fastest-growing rental markets.

4,572

Building sq ft

$210

Price / sq ft

0.31

Lot acres

1932

Year built

8

Units

3

Buildings

LAND

Zoning

Mixed Use

Property type

Building size4,572 sq ft
Lot size0.31 acres
Year built1932
Units8
Buildings3
ZoningLAND
Parking6 to 12 Spaces
ConstructionWood Frame
CoolingMini-Split Unit(s)
UtilitiesBB/HS Internet Capable
Annual taxes$6,513

The numbers

Investment snapshot

10.4%

Cap rate

$100,000

Net operating income

$119,875

Price / unit

8

Units

Estimated payment (illustrative)

Down payment25% · $239,750
Interest rate6.00%
Loan term

Estimated payment

$5,015/mo

Principal & interest$4,312
Property taxes (actual bill)$543
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Zack to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

15,500vehicles / day · 2025W Crystal Bch Rd to E Gilbert St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Eagle Lake Family DinerRestaurant0.1 mi
Badcock Home Furniture &moreRetail0.5 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,397

Population

$93,229

Median income

31.1

Median age

3.26

Avg household

$234,600

Median home value

$1,479/mo

Median rent

625

Households w/ kids

Recent sales

What actually sold near 19 W EAGLE AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

171 SPIRIT LAKE ROAD

$54,000

171 SPIRIT LAKE ROAD

3,500 sqft · $15/sqft · Sold Apr 21, 2025

121-125 AVENUE H SE

$535,000

121-125 AVENUE H SE

2,822 sqft · $190/sqft · Sold Dec 29, 2025

322 4TH STREET NW

$30,000

322 4TH STREET NW

2,000 sqft · $15/sqft · Sold May 11, 2025

Your team

The pros in your corner

Zack Zonker

Your agent

Zack Zonker

President Tampa Division · CENTURY 21 Edge

Tours, offers, and every question about 19 W EAGLE AVENUE — start here.

CallText
zack@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 19 W EAGLE AVENUE.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Zack's calendar — pick a time and it's booked.

Listing courtesy of COMPASS FLORIDA LLC · Katie Patterson. MLS #TB8424613.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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