Philip Erik Baum, Listing Office: YOUNG REAL ESTATE
531-541 N US Highway 17 92 Longwood, FL 32750
Property details
About 531-541 N US Highway 17 92
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!
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Summary
- MLS Number: O6243672
- MLS Name: MFRMLS
- Office Name: REALTY HUB
- Office Phone: (888) 900-1801
- Listing Agent: DuNaMis Dunn
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$4,100,000
531-541 N US Highway 17 92
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Price information
Property sales
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Tax history
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Nearby schools
5
Longwood Elementary School
Public District KG-5
0.4 mi
•840 Orange Ave
6
Winter Springs Elementary School
Public District KG-5
0.9 mi
•701 W State Road 434
6
Highlands Elementary School
Public District KG-5
1.4 mi
•1600 Shepard Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,075. The majority of Longwood, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 531-541 N US Highway 17 92 in Longwood, FL and zip code 32750. This 10,460 square foot home, which was built in 1973, sits on a 1.14 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $4,100,000.
Over 5 listings were sold over their listed price in December 2024 in Longwood, FL. In the same period over 41 listings were sold below the listed price and 7 listings were sold for the listed price. Between November and December 2024, Longwood, FL real estate market has seen decrease in the number of listings by 2.1%. In December 2024 median list price was $459,714 and the average listing age was 57 days.