531-541 N Us Highway 17 92
Longwood, FL 32750-
Est. Payment/ mo
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NEW LOW PRICE REFLECTS SELLER LEASE BACK OF THEIR OCCUPIED SPACE AT NO COST FOR 8 YEARS!!! ALL OTHER 24 UNITS ARE LEASED TO TENANTS!
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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 they're 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 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!
Listing provided courtesy of: REALTY HUB.
ADDITIONAL MEDIA
PROPERTY DETAILS
- Price $3,699,900
- Price / Sq Ft $354
- Bldg/Unit Size (Sq Ft) 10,460
- Building Units 21
- Land/Lot Size (Sq Ft) 20,038
- Property Type Commercial Sale
- Floors / Stories 1
- Year Built 1973
- MLS Number O6244571
- Days on Market 217
TAXES & HOA
- Annual Taxes (USD) $4,271
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: REALTY HUB. The data relating to real estate for sale or lease on this web site comes in part from Stellar MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by Stellar MLS. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2025 Stellar MLS. Listing last updated on 05/14/2025 14:13:41