Bought with SPECTRUM PROPERTY GROUP LLC
$650,000
$725,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Longwood, FL 32750
5,082 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,082 sqft
Price per Sqft $127
Subdivision Molnars Add To Longwood
MLS Listing ID O6093913
Sold Date 05/08/23
HOA Y/N No
Year Built 1959
Annual Tax Amount $4,800
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Office
Source Stellar MLS
Property Description
MOTIVATED OWNER with price improvement to $725,000 with 8+ CAP on in-place income. Value Add Multi-Tenant Opportunity.
Do NOT disturb the tenants. By appointment only. 100% leased 5,082 square foot office building consisting of six (6) office/executive suites.
NOI: $58,611.62 (8.1 % CAP Rate on in-place income).
By appointment only.
Location
State FL
County Seminole
Community Molnars Add To Longwood
Area 32750 - Longwood East
Zoning IND
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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