| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Good |
| Demographics | 33rd | Poor |
| Amenities | 31st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1298 W Gladiola Dr, Avon Park, FL, 33825, US |
| Region / Metro | Avon Park |
| Year of Construction | 1986 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1298 W Gladiola Dr, Avon Park Multifamily Investment
Positioned for steady renter demand in Highlands County, the property benefits from neighborhood occupancy that is competitive within the Sebring–Avon Park metro, according to WDSuite’s CRE market data.
This 50‑unit asset in rural Avon Park sits in a neighborhood rated B+ and ranks 15 out of 39 within the Sebring–Avon Park metro, indicating performance above the metro median across several livability factors. Neighborhood occupancy is ranked 6 of 39, making it competitive among metro neighborhoods, which supports stability for multifamily operations at the neighborhood level (these metrics describe the neighborhood, not the property).
Daily needs access is serviceable rather than destination‑driven: grocery density ranks 5 of 39 and cafes also rank 5 of 39, while restaurants sit nearer the middle of the pack at rank 20 of 39. Park and pharmacy access are limited locally (both ranked 39 of 39), which may modestly affect walkable amenity appeal but is typical of rural submarkets.
The housing stock skews newer locally (average construction year 1997, rank 9 of 39), while the subject’s 1986 vintage is older than the neighborhood average—creating potential value‑add and modernization levers to improve competitive positioning against newer product.
Within a 3‑mile radius, demographics show a slight population contraction over the past five years alongside growth in households, pointing to smaller household sizes and a renter pool that is gradually diversifying. Median contract rents in the neighborhood sit around the U.S. midpoint, and a rent‑to‑income ratio near the lower end nationally indicates manageable affordability, which can aid retention and leasing.
Home values are relatively accessible for owners compared with national norms, which can introduce some competition from entry‑level ownership. Even so, ownership costs in this area tend to sustain demand for practical, well‑managed rentals, supporting occupancy and pricing discipline for investors focused on workforce housing.
Safety indicators are mixed when viewed against metro and national benchmarks. The neighborhood’s overall crime rank is 36 out of 39 within the Sebring–Avon Park metro, signaling below‑average performance locally. Nationally, recent property crime levels align with a lower percentile, while violent‑offense metrics land around the mid‑50s percentile—slightly better than the national midpoint. Year over year, property offenses have improved meaningfully, whereas violent‑offense trends have ticked up, underscoring the importance of active on‑site management and standard security measures.
Regional employment is diversified across food retail, industrial gases, and phosphate products. These employers, while commuter‑oriented, expand the area’s workforce housing base and can support tenant retention for value‑focused rentals.
- Mosaic — phosphate products (34.2 miles)
- Publix Super Markets — food retail corporate offices (39.8 miles) — HQ
- Airgas Specialty Products — industrial gases (40.8 miles)
1298 W Gladiola Dr offers a 50‑unit footprint in a Sebring–Avon Park neighborhood that ranks above the metro median with occupancy competitive among 39 metro neighborhoods—helpful for stabilizing collections and lease continuity. The 1986 vintage is older than the neighborhood’s average stock, creating a clear value‑add path through targeted unit and systems upgrades to sharpen competitiveness against 1990s‑era properties nearby. According to CRE market data from WDSuite, neighborhood rents sit near national midpoints and the rent‑to‑income profile points to manageable affordability, supporting retention for a well‑managed, workforce‑oriented strategy.
Within a 3‑mile radius, households have grown even as population edged down, and projections point to modest population growth with a faster increase in household counts and smaller household sizes—conditions that can expand the tenant base and support occupancy. Amenity access is practical (not premium), and home ownership remains relatively accessible, implying balanced competition that rewards operators who emphasize maintenance, responsive management, and modest upgrades.
- Competitive neighborhood occupancy rank within the metro supports leasing stability.
- 1986 vintage provides value‑add and modernization upside versus newer local stock.
- Manageable rent‑to‑income dynamics aid tenant retention for workforce housing.
- Household growth and smaller sizes within 3 miles expand the renter pool outlook.
- Risks: limited park/pharmacy amenities and mixed safety trends require active management.