116 N CHARLESTON AVENUE
Fort Meade, FL, 33841 $ 1,250,000
Bedrooms-- Baths-- Sq 2,562 Monthly Estimate*
$ 8,633
for $1,250,000. This 2,562 square foot building was built in 1965 on a lot size of 0.37.
CapStar Real Estate presents the Income-producing retail investment on US Highway 17 in downtown Fort Meade. Offered at $1,250,000, this property features a Circle K convenience store and laundromat totaling approximately 4,062 SF across two buildings on 0.37 acres. The corner location at N Charleston Avenue and 2nd Street offers highway frontage, 15 on-site parking spaces, and exposure to approximately 24,500 vehicles daily, as cited in the appraisal. Reported improvements include convenience-store renovations in 2013 and laundromat renovations in 2025. The appraisal identifies Circle-K Stores, Inc. as the master tenant for the entire property, with the laundromat subleased to Bright Laundromat, LLC. Appraisal-reported annual rent and NOI of $73,769 indicate a 5.90 capitalization rate at the asking price, based on the appraisal’s absolute-net lease assumption. Current rent, lease term, renewal options, and expense responsibilities are subject to verification. Sale includes the leased-fee real estate interest only. The adjacent Circle K-owned fuel parcel, canopy, tanks, and pumps are excluded. Operating businesses, tenant-owned equipment, and inventory are not included. Buyer to verify all property, financial, lease, and environmental information. Please do not disturb tenants or employees; all inquiries and showings must be coordinated through the listing agents.
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FeaturesGeneralCooling Central Air
Zoning BA
Garage Spaces 0
Construction Materials Concrete
Year Built 1965
Property Subtype Retail
Tax Year 2025
Ownership Co-op
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name ROBESONS F D MRS SUB
Status Active
Directions From I-4 eastbound traveling from Tampa take Exit 27 onto Polk Parkway/SR 570 East (toll road). Take Exit 10 for US 98/Bartow Road and head south toward Bartow. Follow signs for US 17 South toward Fort Meade. Continue into downtown Fort Meade on N Charleston Avenue. The property is located at 116 N Charleston Avenue at the corner of N Charleston Avenue and 2nd Street.
City FORT MEADE
MLS Area 33841 - Fort Meade
Lot Size Units Square Feet
Lot Size Square Feet 16191
Carport Spaces 0
Tax Annual Amount 10137
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Legal Description ROBESONS F D MRS SUB PB 2 PG 8 BLK 15 LOTS 3 W 22.9 FT & 4 LESS R/W SR 35
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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InteriorAir Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 16191
Foundation Details Block
Number of Buildings 2
Building Area Total 4062
Lot Size Acres 0.37
Road Surface Type Concrete
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type Access Road City Street
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* Excluded FeaturesList ByCapstar Real Estate LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,633
- Monthly Property Taxes
- $845
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Fort Meade, FL
Average List Price $228,333
Percent of Sale Price 82%
About Fort Meade, FL 5,720 Population
9% Since 2002
$ 42,713 Median Income
38.05 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2026 | $1,250,000 | | Listed Price |