Active
531-541 N US HIGHWAY 17 92
LONGWOOD FL, 32750
$3,799,777
$366.77 per sqft
Active
10,360 sqft
Commercial
Built in 1973
SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE!
9.76 Cap Rate return, NEARLY 10 CAP RATE!!!! Which is nearly $400k/yr! WOW!!! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!!
##LIST AGENT IS THE SELLER AND DECISION MAKER!! DEAL DIRECT FOR AN EASY DEAL!!##
SELLER WILL STAY AND CONTINUE TO OCCUPY THEIR PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!!
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 & 7 separate office units, total of 10 units! 7000sf.
So, 25 units grand total!
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/T12 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!
O6244571
MLSⓇ ID
September 24, 2024
Listed
October 16, 2024
Updated
Map
531-541 N US HIGHWAY 17 92
LONGWOOD FL, 32750
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Sewer
Septic Tank
Other Property Details
Area Name
32750 - Longwood East
Taxes
$4,271
Tax Frequency
Annually
Days on Market
22
Association Fee Frequency
Monthly
Garage
No
View
No
County
Seminole
Municipality
20
Water Source
Well
Pool
No
Zoning
C-2
Listing History
Date | Event | Price |
---|---|---|
10/12/2024 | Price change | $3,799,777 3% |
9/28/2024 | Price change | $3,659,000 -6% |
Listed by REALTY HUB
Listing Contact: 888-900-1801
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Data last updated 10/16/2024, 1:11 PM UTC