Address
2921 S ORLANDO DRIVE #134 Sanford, FL
Price
$ 149,000
Property Attributes
  • MLS#O5717819
  • TypeCommercial
  • CountySEMINOLE
  • CitySanford
  • AreaSanford
  • NeighborhoodSanford Plaza
  • Zip32773
  • StyleRetail
  • Year Built1965
  • Taxes1040
  • Price$ 149,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
INVESTOR'S REAL ESTATE LLC
Property Description

Spectacular Opportunity! Buy this unit separately or buy all 5 units for sale. This unit is a below market temporary church lease, option to cancel with a 30-day notice. Unit has consistently rented for $21,000+ annually. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Church has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.

Price History
8/30/2020 Listed $149,000

General Features

Business Type Commercial
Complex Development Name SANFORD PLAZA
Construction Materials Stucco
Cooling Central Air
MLS Area 32773 - Sanford
Property SubType Retail
Property Type Commercial
Special Listing Conditions None
Status Active
Total Num Buildings 1
Township 20
Unit Number 134
Year Built 1965
Zoning GC2

Interior Features

Living Area 1500.00

Exterior Features

Building Area Total 1500.00
Lot Size Acres 0.03
Lot Size Square Feet 1500
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32773

Price
AVG $360K
$150K
Taxes
AVG $18,742
$1,040
Visits
AVG 107
278
Year Built
AVG 1981
1965
Walkscore
AVG 39
31
Data Provided by Walkscore ® not using MLS data

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