2119 Grand Blvd - Loft/Creative Space FOR SALE


Holiday, FL 34690- Northeast Holiday
$2,700,000 USD
727-493-3642
2119 Grand Blvd, Holiday, FL for Sale
$2,700,000 USD
Loft/Creative Space - FOR SALE
1/29
null | 4.77% Cap Rate

2119 Grand Blvd
Holiday, FL 34690
Northeast Holiday


HIGHLIGHTS

  • Two tenants in place with strong renewal interest, providing stable cash flow.
  • Excellent parking with significant outside storage potential.
  • Recent capital improvements and C-2 zoning on 4.77 acres.

OVERVIEW

Excellent Investment Opportunity with Strong Tenancy and Income Potential This well-positioned property offers a compelling investment opportunity, generating a combined gross income of $384,000 annually from two established tenants. The State of Florida (Department of Child Support Services) occupies 8,882 SF, paying $182,000/year, with approximately three years remaining on the lease and strong interest in extending for 10+ years. The current owner occupies the balance of the space, generating $202,000/year, and is flexible to either remain in place or vacate, based on the buyer’s preferences. The property also includes a 1,512 SF single-family residence, currently occupied, with the potential to generate an additional $27,000/year in rental income. Recent capital improvements provide long-term value and reduced maintenance, including: New roof (2023) New carpet and paint (Tenant 1 suite – 2023) New exterior building paint (2023) Situated on a large C-2 zoned lot with approximately 133 parking spaces, this property offers excellent potential for outside storage, expanded commercial use, or continued government and office tenancy. Ideal for investors seeking steady income with upside, or owner-users looking for a strategic location in Holiday, FL.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

4.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Warehouse, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

C-2

APN/PARCEL ID

29-26-16-0010-06000-0050,29-26-16-0010-06000-0060

ASK ABOUT THIS PROPERTY

Ozlem AnilLPT REALTY, LLC.More Info
727-493-3642

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Ozlem AnilLPT REALTY, LLC.More Info
727-493-3642

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.