$465,000
$480,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1,375 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $465,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,375 sqft
Price per Sqft $338
Subdivision Universal Center Condo
MLS Listing ID O6205242
Sold Date 10/18/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 2005
Annual Tax Amount $4,435
Lot Size 0.670 Acres
Acres 0.67
Property Description
Discover an exceptional opportunity nestled with the prestigious Dr. Phillips area-an affluent locale renowned for its upscale amenities and thriving commercial landscape. Situated within a top rated office building, this second floor unit presents a prime chance to secure a lucrative asset with a stable income stream. Boasting a 20 year tenant, this property offers the assurance of consistent cash flow, making it an attractive prospect for discerning investors seeking long term returns. With a robust cap rate of 6.8%, this investment promises attractive yields, further solidifying its status as a cornerstone asset in any portfolio. Featuring a versatile layout and modern amenities, the unit caters to a diverse range of businesses, ensuring its adaptability and enduring value in the dynamic commercial market. Don't miss out on the exceptional opportunity-schedule your private viewing today to experience firsthand the immense potential and enduring value of this premier commercial offering.
Location
State FL
County Orange
Community Universal Center Condo
Zoning P-O
Interior
Cooling Central Air
Exterior
Waterfront false
Roof Type Concrete
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Brick,Concrete
New Construction false
Construction Status Inspections
Others
Ownership Condominium
Special Listing Condition None
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Bought with SOGO REAL ESTATE SERVICES LLC
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