531-541 N US HIGHWAY 17 92 LONGWOOD FL 32750 MLS #O6243672

531-541 N US HIGHWAY 17 92
LONGWOOD, FL, 32750
$3,659,000
Beds
0 Baths
10,360 SqFt
1.14 Acres
Add
SELLER FINANCE BOTH WITH HALF DOWN!! (More down for just one BDG). BOTH BDGS ARE ON INDIVIDUAL PARCELS! WILL SELL 531 N 17-92 ALONE FOR $1,890,000! TOGETHER FOR $3,659,000! 10 Cap Rate return, which is nearly $400k/yr! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! The Cap can go up even more if you fill the 2 vacancies in 531 and even more once the new units in 541 get built!! Growth is imminent, here! ##LIST AGENT IS THE SELLER AND DECISION MAKER!! SO, EASY TRANSACTION!!##

*******************************************************************************************************************
SELLER WILL LOWER SALE PRICE BY A FEW HUNDRED THOUSAND FOR A LEASE BACK OF THEIR CURRENTLY OCCUPIED SPACE! *******************************************************************************************************************

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 units & 3 separate office units, total of 6 units! 7000sf. So, 21 units grand total! Owner has plans on adding 4 more units in the larger bdg (541).
*******************************************************************************************************************

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!

Property Details

Price:
$3,659,000
MLS #:
O6243672
Status:
Active
Beds:
0
Baths:
0
Address:
531-541 N US HIGHWAY 17 92
Type:
Multi Family
Subdivision:
ENTZMINGER FARMS
Neighborhood:
32750 – Longwood East
City:
LONGWOOD
Listed Date:
Sep 24, 2024
State:
FL
Finished Sq Ft:
10,360
Total Sq Ft:
10,360
ZIP:
32750
Lot Size:
49,659 sqft / 1.14 acres (approx)
Year Built:
1973
Units:
15
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
Other
Heating
Electric
Laundry Features
None

Exterior

Construction Materials
Block
Exterior Features
Sidewalk
Roof
Metal

Financial

Tax Year
2023
Taxes
$4,271

Map

Community

Similar Listings Nearby

531-541 N US HIGHWAY 17 92
LONGWOOD, FL