Description
Unique investment opportunity with incredible potential! Situated on just under half an acre directly across from Lake Lillian, this property features three separate homes with the potential for four individual living spaces, making it an excellent option for an investor, multi-generational living, or a family compound. The main residence is a two-story, 3-bedroom, 2-bath home offering approximately 1,552 sq. ft. with an attached carport. The second residence is also two stories and offers approximately 1,056 sq. ft. with 2 bedrooms, 2.5 baths, plus a bonus room with potential for use as a third bedroom. Its former garage has been partially converted into a studio apartment, providing the opportunity for an additional rental or guest space once completed. The third residence is a single-story 2-bedroom, 1-bath home with approximately 952 sq. ft. and a concrete block carport. The property is a fixer-upper and will require repairs and improvements, but the possibilities are hard to overlook. With three existing residences and the potential for a fourth living space, this property could offer multiple income streams from a single parcel. Renovate and create a cash-flowing investment property, use the homes for extended family, or create your own multi-generational compound—all in a convenient Avon Park location directly across from beautiful Lake Lillian. Bring your vision and unlock the potential of this one-of-a-kind property!
-
7BEDS
-
0.4ACRES
-
3BATHS
-
11/2 BATHS
School Ratings & Info
Description
Unique investment opportunity with incredible potential! Situated on just under half an acre directly across from Lake Lillian, this property features three separate homes with the potential for four individual living spaces, making it an excellent option for an investor, multi-generational living, or a family compound. The main residence is a two-story, 3-bedroom, 2-bath home offering approximately 1,552 sq. ft. with an attached carport. The second residence is also two stories and offers approximately 1,056 sq. ft. with 2 bedrooms, 2.5 baths, plus a bonus room with potential for use as a third bedroom. Its former garage has been partially converted into a studio apartment, providing the opportunity for an additional rental or guest space once completed. The third residence is a single-story 2-bedroom, 1-bath home with approximately 952 sq. ft. and a concrete block carport. The property is a fixer-upper and will require repairs and improvements, but the possibilities are hard to overlook. With three existing residences and the potential for a fourth living space, this property could offer multiple income streams from a single parcel. Renovate and create a cash-flowing investment property, use the homes for extended family, or create your own multi-generational compound—all in a convenient Avon Park location directly across from beautiful Lake Lillian. Bring your vision and unlock the potential of this one-of-a-kind property!
© 2026 Heartland Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Heritage Group. Data last updated: 2026-09-12T23:42:38.48.