5216 Florida Ave S

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5216 Florida Ave S

lakeland, FL 33813
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

5216 Florida Ave S is located in the South Lakeland retail corridor, a primary commercial hub in Polk County. The property sits along a high-traffic thoroughfare characterized by a dense mix of national retailers, professional services, and established residential neighborhoods. Nearby amenities include the Merchant’s Walk shopping center and local medical offices. The site offers direct access to Florida Avenue, providing efficient connectivity to the Polk Parkway (SR-570) and downtown Lakeland. Given its positioning and visibility, the asset is suitable for high-exposure retail operations, including showrooms, specialty boutiques, or quick-service food concepts. The location is also appropriate for service-oriented businesses, such as insurance agencies or salons, that benefit from frequent neighborhood traffic. Typical tenants include national franchises and local businesses seeking a centralized presence within a stable suburban market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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