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531-541 Us Highway 17 92, LONGWOOD, FL 32750
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531-541 Us Highway 17 92
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Would you like to sell your home before you purchase this one?
Priced at Only: $4,099,900
For more Information Call:
Address: 531-541 Us Highway 17 92, LONGWOOD, FL 32750
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More Like This
  • MLS#: O6244571 ( Commercial Sale )
  • Street Address: 531-541 Us Highway 17 92
  • Viewed: 52
  • Price: $4,099,900
  • Price sqft: $392
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 10460
  • Days On Market: 191
  • Acreage: 1.14 acres
Description
########################################################################################### seller finance both bdgs with just half down!! Both bdgs are on individual parcels, so will sell separate! Near 11 cap rate!!!! Which is $420k/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 very small portion, long term, and lease back from buyer. Majority leased by tenants with leases, not the owner. Owner in 300sf. No vacancies!! Fully occupied and leased, between the seller and the seller's tenants with large security deposits in place!! Also, annual increases on majority of the leases and tenants have a clause in their leases that allows landlord to terminate on sale or any reason with a written notice. (tenants do not have the same ability to cancel on their end, so theyre locked in unless you want them to go. ) 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!
Description
########################################################################################### seller finance both bdgs with just half down!! Both bdgs are on individual parcels, so will sell separate! Near 11 cap rate!!!! Which is $420k/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 very small portion, long term, and lease back from buyer. Majority leased by tenants with leases, not the owner. Owner in 300sf. No vacancies!! Fully occupied and leased, between the seller and the seller's tenants with large security deposits in place!! Also, annual increases on majority of the leases and tenants have a clause in their leases that allows landlord to terminate on sale or any reason with a written notice. (tenants do not have the same ability to cancel on their end, so theyre locked in unless you want them to go. ) 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!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 10460.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Electric: 200+ Amp Service, Three Phase
  • Road Frontage Type: Divided Highway, Highway
  • Sewer: Septic Tank
  • Utilities: Sewer Nearby, Water Nearby
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 411000.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • 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
  • Area Major: 32750 - Longwood East
  • Parcel Number: 33-20-30-503-0000-018C
  • Views: 52
  • Zoning Code: C-2
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Nearby Subdivisions
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Headshot for Associate Eddie Otton
  1. Eddie Otton, ABR,Broker,CIPS,GRI,PSA,REALTOR ®,e-PRO
  2. Mobile: 407.427.0880
  3. eddie@otton.us