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1304 S Florida Ave
Lakeland, FL 33803
Lakeland's Next Landmark Commercial Corner · Retail Property For Sale


Investment Highlights
- One of the last highly visible redevelopment corners available in Lakeland's rapidly evolving Dixieland District.
- Flexible C-2 zoning on both parcels, allowing for a variety of retail, restaurant, office, medical, mixed-use, and commercial development.
- Situated within the Lakeland Community Redevelopment Agency (CRA), where development incentives may be available to qualifying projects
- Lakeland's "Road Diet" to be complete late 2027, which will further enhance this corner's appeal.
- 23,000 vehicles per day (AADT) provide outstanding visibility and exposure along Lakeland's primary commercial corridor.
- Just minutes from Downtown Lakeland, Lake Hollingsworth, the Polk Parkway, and Interstate 4, providing convenient access throughout Central Florida.
Executive Summary
PLEASE SEE PROPERTY BROCHURE FOR MORE DETAILS. 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, Lakeland's primary commercial corridors. Addressess include 1304 S Florida Ave and 113 Palmola St. 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.
The offering consists of two contiguous C-2 zoned parcels with over 23,000 vehicles per day along South Florida Avenue, Lakeland's primary commercial corridors. Addressess include 1304 S Florida Ave and 113 Palmola St. 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,830 SF
Building Class
C
Year Built
1980
Price
$1,294,299 CAD
Price Per SF
$267.97 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.51 AC
Zoning
C-2 - C-2 is a flexible commercial zoning designation within the City of Lakeland. Please see attached the zoning use table.
Frontage
Amenities
- Corner Lot
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $238,050 CAD | |
| Land Assessment | $51,039 CAD | Total Assessment | $631,082 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$51,039 CAD
Improvements Assessment
$238,050 CAD
Total Assessment
$631,082 CAD
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