531 N US Highway 17 92 - Storefront Retail/Office FOR SALE


Longwood, FL 32750- Northeast Orlando
$1,299,899 USD
407-590-5515
531 N US Highway 17 92, Longwood, FL for Sale
$1,299,899 USD
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

531 N US Highway 17 92
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • SELLER FINANCE WITH as low as $150,000 DOWN!! THAT IS LESS THAN 12% DOWN!!!!
  • 15 Legal addresses for the 15 units!! Retail Plaza!
  • Great Return!!!!! $114k NOI!! But increases to near $200k after 5 years leaseback ends!!

OVERVIEW

COMMERCIAL REAL ESTATE FOR SALE BY OWNER. SELLER FINANCE!! Yes, Seller and Agent are one-in-the same. So, call or text me directly and save on paying an agent. 407...590...5515!! *****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED***** $1,299,900 and SELLER FINANCE with $650,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 11.5% down ($150k)!! Don’t miss out! Payments amortized at 25 years. Option 3: $150k DOWN, 6 Perct Payments and Balloon in 12 months. Same as a hard money loan, but with no points or bogus fees at closing! Payments amortized at 25 years. Option 4: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! Don't sleep on this one!!! NOI: $114k (net operating income) which includes seller lease back of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at around $200k+ which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!! Don't miss your chance to dance! 15-Unit Retail building. Frontage of 6-lanes of traffic on US Hwy 17-92. North Orlando FL area. So close you can walk to the auto auctions! (AutoNation Auto Auction and Orlando Longwood Auto Auction) Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!! Building was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout. C-2 Commercial Zoning Future Land Use MXD (mixed development) So, you can convert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect the gorgeous return! Text me with your email and name for more info. Financials are available. FOR SALE BY OWNER. Seller finance possible. Yes, I am the owner and broker, both. Yes, you can buy directly from me and skip paying an agent/realtor/broker. Text/Call/Whatsapp today! 4....0...7........5...9....0.......5....5....1...5......

FOR SALE DETAILS

PRICE

$1,299,899 USD

PRICE/SF

$387 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-2

APN/PARCEL ID

33-20-30-503-0000-018C

ASK ABOUT THIS PROPERTY

Dunamis DunnTFF Property ManagementMore Info
407-590-5515

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Dunamis DunnTFF Property ManagementMore Info
407-590-5515

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