Longwood, FL 32750,Address not disclosed
$650,000
Est. payment /mo
$725,000
10.3%
Est.Price: ?

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5,082 SqFt
SOLD DATE : 05/08/2023

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

Year Built 1959

Annual Tax Amount $4,800

Lot Size 0.380 Acres

Property Sub-Type Office

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

Structure Type Block

New Construction false

Others

Special Listing Condition None

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Stellar MLS
Listed by BEYOND COMMERCIAL
Bought with SPECTRUM PROPERTY GROUP LLC

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agent

Marc George

+1(407) 702-4307

TEAM LEADER | SLSL3188045

TEAM LEADER SLSL3188045

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