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158 W STATE ROAD 434 Winter Springs, FL 32708
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Key Details
Sold Price $230,000
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
Construction Status Inspections
HOA Y/N No
Year Built 1986
Annual Tax Amount $1,378
Lot Size 1,306 Sqft
Acres 0.03
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
Construction Status Inspections
Others
Ownership Condominium
Monthly Total Fees $386
Special Listing Condition None
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