$3,659,000 for Sale
531-541 n us highway 17 92 , longwood, FL 32750
| Beds 0 | Baths 0 | 10,360 Sqft | 1.14 Acres |
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Property Description
SELLER FINANCE BOTH WITH HALF DOWN!! (More down for just one BDG). BOTH BDGS ARE ON INDIVIDUAL PARCELS! WILL SELL 531 N 17-92 ALONE FOR $1,890,000! TOGETHER FOR $3,659,000! 10 Cap Rate return, which is nearly $400k/yr! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! The Cap can go up even more if you fill the 2 vacancies in 531 and even more once the new units in 541 get built!! Growth is imminent, here! ##LIST AGENT IS THE SELLER AND DECISION MAKER!! SO, EASY TRANSACTION!!## ******************************************************************************************************************* SELLER WILL LOWER SALE PRICE BY A FEW HUNDRED THOUSAND FOR A LEASE BACK OF THEIR CURRENTLY OCCUPIED SPACE! ******************************************************************************************************************* Plug N Play Investment!!! Located on the booming US Highway 17-92!! Longwood, FL 32750. For all you out-of-staters dying to get into FL Commercial Real Estate.. this is the ORLANDO MARKET!!! Surrounded by everything!! Close by Everything! You name it, it's not far! ******************************************************************************************************************* BDG 1::: 15 office units! 3360sf. BDG2::: 3 flex space units & 3 separate office units, total of 6 units! 7000sf. So, 21 units grand total! Owner has plans on adding 4 more units in the larger bdg (541). ******************************************************************************************************************* Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking RETURN ON INVESTMENT!!! ******************************************************************************************************************* All pertinent information can be verified under contract: Rent roll, P&L, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... rent roll/ P&L are available, now. Just ask. ******************************************************************************************************************* All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. DO NOT DISTURB THE TENANTS!
General Information
Sale Price: $3,659,000
Price/SqFt: $353
Status: Active
MLS#: O6243672
City: longwood
Post Office: longwood
County: Seminole
Subdivision: entzminger farms
Acres: 1.14
Bedrooms:0
Bathrooms:0
House Size: 10,360 sq.ft.
Acreage: 1.14 est.
Year Built: 1973
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt, Paved
Garage: No
Construction: Block
Exterior Misc: Sidewalk
Basement: No
Foundation : Slab
Cooling: Other
Heating: Electric
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,271
Legal Description: WLY 300 FT OF NLY 60 FT OF LOT 18 & W 150 FT OF S 12.5 FT OF VACD ST ADJ ON N ENTZMINGER FARMS ADD NO 3 PB 6 PG 27 & WLY 300 FT OF NLY 60 FT OF LOT 18 & W 150 FT OF S 12.5 FT OF VACD ST ADJ ON N ENTZMINGER FARMS ADD NO 3 PB 6 PG 27 and E 1/2 OF LOTS 6 + 7 & VACD ST ADJ ON S BEASON SUBD PB 7 PG 85
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: DuNaMis Dunn of WORTH CLARK REALTY, Phone: 352-988-7777
