Active

531-541 N US HIGHWAY 17 92

LONGWOOD FL, 32750

$4,100,000


$391.97 per sqft

Active

10,460 sqft

Multi-family

Built in 1973

SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! 10.2 CAP RATE!!!! Which is over $400k/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 PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!! 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!

O6243672

MLS ID

September 24, 2024

Listed

December 17, 2024

Updated

Map

531-541 N US HIGHWAY 17 92
LONGWOOD FL, 32750

Interior Features

Interior Features

Ceiling Fans(s)


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1.14 Acres


Exterior Features

Sidewalk


Lot Features

In County, Unincorporated


Roof

Metal


Sewer

Septic Tank

Other Property Details

Area Name

32750 - Longwood East


Taxes

$4,271


Tax Frequency

Annually


Days on Market

84


Association Fee Frequency

Monthly


Garage

No


View

No


County

Seminole


Municipality

s


Water Source

Well


Pool

No


Zoning

C2

Listing History

Date

Event

Price

12/17/2024

Price change

$4,100,000

2%

11/25/2024

Price change

$3,999,900

5%

10/12/2024

Price change

$3,799,777

3%

9/28/2024

Price change

$3,659,000

-6%

Listed by REALTY HUB
Listing Contact: 888-900-1801 

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Data last updated 12/17/2024, 4:20 PM UTC

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