$1,650,000
Est. payment /mo
3,360 SqFt
Price Dropped by $49K
531 N US HIGHWAY 17 92 Longwood, FL 32750
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UPDATED:
12/06/2024 12:17 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $491
Subdivision Entzminger Farms Add 3
MLS Listing ID O6248798
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $4,271
Lot Size 0.500 Acres
Acres 0.5
Property Description
SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! 12 CAP RATE on 531 N 17 92 and 10.2 cap on both 531 and 541 N 17 92!!!! Which is over $200k/yr ON 531 N 17 92 and over $400k ON 531 and 541 N 17 92! 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 (531)::: 15 retail units! 3400sf. BDG2 (541)::: 3 flex space units & 8 separate retail units, total of 11 units! 7060sf. So, 26 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!!! 541 N 17 92 IS ALSO LISTED PACKAGED WITH 531 N 17 92 ON MLS IN A SEPARATE LISTING. .###########################################################################################. 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!
Location
State FL
County Seminole
Community Entzminger Farms Add 3
Zoning C-2
Interior
Cooling Other
Building
Story 1
Foundation Block
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction true
Others
Ownership Corporation
Special Listing Condition None
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