Discover an exceptional investment opportunity in the heart of Sanford, Florida. This well-positioned retail center offers a compelling blend of steady income and significant upside potential, making it an ideal addition to any savvy investor’s portfolio. This retail center represents a rare find in today’s market – a stabilized asset with clear pathways to value appreciation. The current below-market rents provide an immediate opportunity to boost returns as leases roll over within the next year. Savvy investors will recognize the potential to not only secure a reliable income stream but also to significantly increase the property’s value through proactive management and strategic upgrades. The strong Sanford location ensures continued demand for retail space.
Property Details
Price:
$1,250,000
MLS #:
O6236279
Status:
Active
Beds:
0
Baths:
0
Address:
2563 PARK DRIVE
Type:
Commercial
Subtype:
Retail
Subdivision:
504
Neighborhood:
32773 – Sanford
City:
SANFORD
Listed Date:
Aug 27, 2024
State:
FL
Finished Sq Ft:
10,623
Total Sq Ft:
10,623
ZIP:
32773
Lot Size:
31,363 sqft / 0.72 acres (approx)
Year Built:
1957
Schools
Interior
Cooling
Wall/ Window Unit(s)
Exterior
Construction Materials
Concrete, Wood Siding
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$8,845
Map
Community
- Address2563 PARK DRIVE SANFORD FL
- Subdivision504
- CitySANFORD
- CountySeminole
- Zip Code32773
Similar Listings Nearby
- 106 MAGNOLIA AVENUE
SANFORD, FL$1,150,000
1.99 miles away
- 2515 W 25TH STREET
SANFORD, FL$889,000
1.42 miles away
Courtesy of PREMIUM PROPERTIES R.E. SERVICE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
2563 PARK DRIVE
SANFORD, FL
LIGHTBOX-IMAGES