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880
S
Duncan Dr / Sr 19,
Tavares,
Florida
FL
32778-4044
Sold For: $2,425,000
Listing ID G5045712
Status Closed
12/24/2021 Sold Date
22,294 SqFt
4.090 Acres
Property Description:
Offering is for South Point Commerce Park - 7% CAP Rate with 2 vacancies (1,375 SF & 708 SF). This trophy property consists of 3 completed buildings for a total of 18 units and one pad ready to go vertical for up to a 6,000 SF bldg on 4+/- Acres & all infrastructure in place. Beautiful buildings immaculately kept all set under lovely Oaks with more than enough parking. Built in 2005 everything still looks brand new. Professionally managed and maintenanced for repairs and landscaping. Current rents are below market offering a significant upside. Excellent rental history. Located within the City of Tavares with city utilities, SECO power and 810'+/- FT of SR 19/ S Duncan Dr frontage just minutes to Tavares City Hall and Lake County's court house & government center. Tavares is America's Seaplane City and is less than an hour to Orlando, Ocala or The Villages and minutes to Florida's Turnpike and I-75. Great investment / income opportunity in the heart of Central Florida with great visibility and easy access. All information provided herein is believed to be accurate, but is not guaranteed nor represented or warranted.
Primary Features
County:
Lake
Property Sub Type:
Office
Property Type:
Commercial Sale
Year Built:
2005
Interior
Building Area Units:
Square Feet
Cooling Type:
Central Air
Living Area Meters:
2071.18
External
Construction Materials:
Block
Foundation Details:
Slab
Front Footage:
810
Lot Size Dimensions:
irr
Lot Size SqFt:
178375
Lot Size Square Meters:
16572
Parking Features:
Over 30 Spaces
Property Condition:
Completed
Road Frontage Type:
City Street, Main Throrughfare, State Road
Road Surface Type:
Paved
Roof:
Shingle
Sewer:
Public Sewer
Total Acreage:
2 to less than 5
Total Number of Buildings:
3
Utilities:
Electricity Available, Phone Available, Public, Water Connected
Water Access:
no
Water Extras:
no
Water View:
no
Waterfront:
no
Location
Building Area Source:
Public Records
Building Area Total:
22294
Complex Development Name:
South Pointe Commerce Park
Country:
US
Flood Zone Code:
X
MLS Area Major:
32778 - Tavares / Deer Island
Township:
19S
Financial
Current Price:
2425000.00
Listing Terms:
Cash, Conventional
Sale Includes:
Building(s) and Land,Leases
Special Listing Conditions:
None
Tax Annual Amount:
25839.77
Tax Block:
00N
Tax Book Number:
8-44
Tax Lot:
00100
Tax Year:
2020
Zoning Info
Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Tuesday, April 16th, 2024 at 05:06:28 AM.
Contact - Listing ID G5045712
PropCo Real Estate
2401 W. Bay Drive #305
Largo, FL 33770
Phone: 727-585-0800
Phone Alt: 888-499-5454
Data services provided by IDX Broker
