Active
531-541 N US HIGHWAY 17 92
LONGWOOD FL, 32750
$4,100,000
$391.97 per sqft
Active
10,460 sqft
Multi-family
Built in 1973
SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! 10.2 CAP RATE!!!! Which is over $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 retail units! 3400sf. BDG2::: 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!!! ###########################################################################################. 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!
O6243672
MLSⓇ ID
September 24, 2024
Listed
December 17, 2024
Updated
Map
531-541 N US HIGHWAY 17 92
LONGWOOD FL, 32750
Interior Features
Interior Features
Ceiling Fans(s)
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
1.14 Acres
Exterior Features
Sidewalk
Lot Features
In County, Unincorporated
Roof
Metal
Sewer
Septic Tank
Other Property Details
Area Name
32750 - Longwood East
Taxes
$4,271
Tax Frequency
Annually
Days on Market
84
Association Fee Frequency
Monthly
Garage
No
View
No
County
Seminole
Municipality
s
Water Source
Well
Pool
No
Zoning
C2
Listing History
Date | Event | Price |
---|---|---|
12/17/2024 | Price change | $4,100,000 2% |
11/25/2024 | Price change | $3,999,900 5% |
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 12/17/2024, 4:20 PM UTC