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$1,190,000 -$100,000 (-7.75%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 206 Pilaklakaha Ave
General
- Price: $1,190,000
- Taxes: $12,273 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: L4954784
- Updated: 4/15/2026
- Added to Site: 262 day(s) ago
Location
- Area: 33823 - Auburndale
- County: Polk
- Development Name: 33823 - Auburndale
- Subdivision: AUBURNDALE
- Driving Directions: take Highway 92 to Main Street in Downtown Auburndale. Go North on Main until you get to Bobby Green Plaza. Turn west on BGP and continue straight until you cross the railroad tracks. This is where it turns into Pilaklakaha Ave. The Building is the three story building on the north side of the street.
Community
- Community Name: 33823 - Auburndale
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 21,236
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,265
- Lot Size: 25265
- Lot Dimensions: 310 x 50
- Frontage: Business District, City Street, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $12,273
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: AUBURNDALE PB 1 PG 26 S10 T28 R25 & S11 T28 R25 BLK E LOTS 1 & 2
- Flood Zone Info: X
- APN: 252811331500005010
- Property ID: 252811331500005010
- Block/Lot/Section: E
Listed by Century 21 Myers Realty
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Schools
Schools serving 206 Pilaklakaha Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 0.5 mi |
Auburndale Central Elementary School 320 Lemon Street, Auburndale, FL 33823 | PK-5 | 0.5 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 Pilaklakaha Ave
Date
Details
Price
Change
Source
4/15/2026
Price Reduced
$1,190,000
-7.75%
MLS
7/28/2025
Listed
$1,290,000
90.87%
MLS
2/28/2023
Sold
$675,843
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Pilaklakaha Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,585
11%
$842,749
12%
2024
$12,273
100%
$749,578
10%
2023
100%
$682,662
7%
2022
100%
$640,238
59%
2021
100%
$402,346
4%
2020
-100%
$386,939
31%
2015
$655
4%
$294,507
5%
2014
$632
—
$281,513
1%
2013
$635
—
$277,504
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 Pilaklakaha Ave
206 Pilaklakaha Avenue, Auburndale, FL 33823 (MLS# L4954784) is a Commercial property. 206 Pilaklakaha Avenue is currently listed for $1,190,000 and was received on July 28, 2025. Want to learn more about 206 Pilaklakaha Avenue? Do you have questions about finding other Commercial real estate for sale in Auburndale? You can browse all Auburndale real estate or contact a Coldwell Banker agent to request more information.

