531-541 North US Highway 17 92
Description
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...Seller finance both bdgs with just half down! Both bdgs are on individual parcels, so will sell separate! 9.76 Cap Rate return, NEARLY 10 CAP RATE! Which is nearly $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 office units! 3360sf. BDG2::: 3 flex space units & 7 separate office units, total of 10 units! 7000sf. So, 25 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!
- Listed by DuNaMis Dunn • REALTY HUB
Property Details for 531-541 North US Highway 17 92
Property Details for 531-541 North US Highway 17 92
| Status | Active |
|---|---|
| MLS # | O6243672 |
| Days on Market | 29 |
| Taxes | $4,271 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1973 |
| Lot Size | 1.14 AC / 49,659 SF |
| County | Seminole County |
Building Information for 531-541 North US Highway 17 92
Property Information for 531-541 North US Highway 17 92
- Building Area Source: Owner
- Building Area Total: 10360.0
- Building Area Units: Square Feet
- Building Name Number: 531
- Directions: From 434 turn onto 17-92 towards Sanford. Pass Nursery Road, and make a left at 531 N 17-92.
- Mls Major Change Type: Price Increase
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 531-541
- Street Direction Prefix: N
- Street Name: US HIGHWAY 17 92
- State: FL
- City: LONGWOOD
- Carport: No
- Garage: No
- Association: No
- CDD: No
- Tax Block: 1
- Tax Book Number: pb 6 pg 27
- Tax Legal Description: WLY 300 FT OF NLY 60 FT OF LOT 18 & W 150 FT OF S 12.5 FT OF VACD ST ADJ ON N ENTZMINGER FARMS ADD NO 3 PB 6 PG 27 & WLY 300 FT OF NLY 60 FT OF LOT 18 & W 150 FT OF S 12.5 FT OF VACD ST ADJ ON N ENTZMINGER FARMS ADD NO 3 PB 6 PG 27 and E 1/2 OF LOTS 6 + 7 & VACD ST ADJ ON S BEASON SUBD PB 7 PG 85
- Tax Lot: 18
- Tax Year: 2023
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/O6243672
- Additional Parcels Description: 33-20-30-506-0000-0060
- Additional Parcels: Yes
- Lot Features: In County, Unincorporated
- Parcel Number: 33-20-30-503-0000-018C
- Total Acreage: 1 to less than 2
- Total Num Buildings: 2
- Water Access: No
- Water Extras: No
- Zoning: C2
- Living Area: 10360
- Year Built Numeric: 1973
- Flood Zone Code: X
- New Construction: No
- Number Of Lots: 2
- Public Survey Range: n
- Public Survey Section: w
- Sewer: Septic Tank
- Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Emergency Power, Fiber Optics, Fire Hydrant, Phone Available, Private, Sewer Available, Water Available
- Water Source: Well
- Construction Materials: Block
- Exterior Features: Sidewalk
- Foundation Details: Slab
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Metal
- Waterfront Feet Total: 0
- Bedrooms Total: 0
- Cooling: Other
- Fireplace: No
- Heating: Electric
- Interior Features: Ceiling Fans(s)
- Laundry Features: None
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
- Annual Expenses: $34,949
- Annual Net Income: $370,877.00
- Gross Income: $405,826
- Total Monthly Expenses: $2,912
- Unit Count: 0
- Total Actual Rent: $33,818
Property History for 531-541 North US Highway 17 92
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 531-541 North US Highway 17 92
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 7 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Winter Springs Elementary School PublicPK to 5 | ||
South Seminole Middle School Public6 to 8 | ||
Winter Springs High School Public7 to 12 | ||
Seminole Science Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of REALTY HUB, DuNaMis Dunn
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/16/2024 08:31 AM
