$4,100,000
For Sale

531-541 N US HIGHWAY 17 92

Longwood, FL 32750
10460 sqft | 1.14 acres | #O6243672
Browse 30 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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!

  • Property Details
      • Utility FeaturesCable Available, Cable Connected, Electricity Available, Electricity Connected, Emergency Power, Fiber Optics, Fire Hydrant, Pho
      • Lot DescriptionIn County, Unincorporated
      • SubdivisionENTZMINGER FARMS
      • InteriorCeiling Fans(s)
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Sewer InformationSeptic Tank
      • Original List Price$3,890,000
      • Exterior MaterialsSidewalk
      • CountySeminole
      • MLS #O6243672
      • MLS #O6243672
      • Cost4100000
      • Taxes Annual$4,271
      • Square Feet10460
      • Acres1.14
      • Year Built1973
      • FoundationSlab
      • Utility SourceWell
      • Days on Market (Cumulative)93

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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