Winter Springs, FL 32708,158 W STATE ROAD 434

$359,900

Est.Price: ?

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Est. payment /mo

921 SqFt


SOLD DATE : 04/19/2022

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 921 sqft

Price per Sqft $249

Subdivision Winter Spgs Centre A Condo

MLS Listing ID O6003858

Sold Date 04/19/22

Condo Fees $386

HOA Y/N No

Originating Board Stellar MLS

Annual Recurring Fee 4632.0

Year Built 1986

Annual Tax Amount $1,378

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Property Description

INVESTOR'S DREAM AND RESIDUAL INCOME : Cajuns Seafood Restaurant Real-Estates for Sale. Sale price includes 2 real estate space, with each space about 925 SQF of total 1850SQF as one unit in the shopping center. Gross revenue is 10% of investment.
located sought after Winter Spring area , Florida. Currently, property leased with net rent roll income $2800/monthly. Total lease term of 10 years (rent increase year 1-3 $2800/monthly :year 4-6 $3000/monthly : Year 7-10 $3200/monthly). landlord pays for NNN, which is estimated $602 monthly.
Winter spring area population was 38,342 at the 2020 census. According to the 2019 Census Bureau estimates, the city has a population of 37,312. It is part of the Orlando–Kissimmee–Sanford Metropolitan. Tenant business is not part of sale .

Location

State FL

County Seminole

Community Winter Spgs Centre A Condo

Zoning C-1

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block,Stucco

New Construction false

Others

Ownership Condominium

Monthly Total Fees $386

Special Listing Condition None

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Stellar MLS
Listed by AMERITEAM REALTY INC
Bought with AMERITEAM REALTY INC
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