Address
2921 S ORLANDO DRIVE #178 Sanford, FL
Price
$ 369,000
Property Attributes
- MLS#O5717886
- TypeCommercial
- CountySEMINOLE
- CitySanford
- AreaSanford
- Zip32773
- StyleRetail
- Year Built1965
- Taxes3537
- Price$ 369,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5100
- Lot Size4,792 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 price and leased at $2500 per mo. 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 | |
|---|---|
| 2/2/2020 | Listed $455,000 |
| 2/4/2020 | 13% - $399,000 |
| 8/13/2020 | 13% - $349,000 |
General Features
| Business Type | Commercial |
|---|---|
| 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 | 178 |
| Year Built | 1965 |
| Zoning | GC2 |
Interior Features
| Living Area | 5100.00 |
|---|
Exterior Features
| Building Area Total | 5100.00 |
|---|---|
| Lot Size Acres | 0.11 |
| Lot Size Square Feet | 4950 |
| 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
Taxes
Visits
Year Built
Walkscore
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