Commercial Sale · Mixed Use
206 PILAKLAKAHA AVENUE, AUBURNDALE, FL, 33823
Active377 days on marketListed Jul 28, 2025MLS #L4954784
About this property
The property at a glance
Discover a premier mixed-use investment opportunity at 206 PK Arianna Apts, a substantial 21,236 SF multifamily and commercial property located in the heart of Auburndale, FL—a city poised for sustained economic and population growth. This two-story asset features 17 residential units on the upper floor and 4 commercial storefronts on the ground level, all at various stages of renovation after years of non-use, offering an ideal value-add scenario for investors with vision. Strategically situated with excellent access to major highways including US-92 and the Polk Parkway, the property benefits from its proximity to key amenities such as schools, public parks, local businesses, and downtown Auburndale. The location supports both strong residential demand and retail viability, making it a unique dual-stream income property. As Auburndale continues to attract new development and infrastructure improvements, this property offers significant upside potential through renovation, lease-up, and long-term appreciation. Whether you’re seeking to reposition a mixed-use asset or expand your multifamily portfolio in one of Central Florida’s fastest-growing submarkets, this is an opportunity you don’t want to miss. Secure your place in a thriving market—206 PK Arianna Apts stands ready to deliver both immediate value and long-term returns.
21,236
Building sq ft
$47
Price / sq ft
0.58
Lot acres
1925
Year built
1
Building
RIO
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$5,679/mo
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 David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
39,146
Population
$64,248
Median income
40.8
Median age
2.89
Avg household
$234,300
Median home value
$1,068/mo
Median rent
4,326
Households w/ kids
Recent sales
What actually sold near 206 PILAKLAKAHA AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,000,000
3550 RECKER HIGHWAY
13,104 sqft · $76/sqft · Sold Dec 31, 2025
$982,000
117 E LAKE AVENUE
11,560 sqft · $85/sqft · Sold Sep 30, 2024
$54,000
171 SPIRIT LAKE ROAD
3,500 sqft · $15/sqft · Sold Apr 21, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 206 PILAKLAKAHA AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 206 PILAKLAKAHA AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of CENTURY 21 MYERS REALTY · Thomas Myers. MLS #L4954784.
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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