New Listing - 09/24/2024
531-541 N Us Highway 17 92, Longwood, FL, 32750
1973
10,360 sqft
SELLER FINANCE WITH HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS! WILL SELL 531 N 17-92 ALONE FOR $1,890,000! TOGETHER FOR $3,890,000! 11 Cap Rate return, which is over $400k/yr! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! 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 office units! 3360sf. BDG2: 3 flex space & 3 separate offices, total of 6 units! 7000sf. So, 21 units grand total! Owner has plans on adding 4 more units in the larger bdg. 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!!! 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. 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!
Status:
Active
Type:
Commercial
Units:
21
Complex:
ENTZMINGER FARMS ADD 3
Cooling:
Other
Levels:
1
Acreage:
1.14
Est. Taxes:
$4,271
Construction
Block, Metal Frame, Metal Siding
Utilities
Sewer Nearby, Water Nearby
Days on Market:
1
MLS #:
O6244571
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of WORTH CLARK REALTY Phone: 352-988-7777