2921 S Orlando Drive, Unit 178Sanford, FL 32773MLS Number O5717886

  • Price: $369,000
  • 940 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
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2921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 327732921 S Orlando Drive Sanford FL 32773
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  • 0.11Acreage
  • 1965Year Built
  • 5,100Square Feet
Spectacular Opportunity! Buy this unit separately or buy all 5 units for sale. This unit is a below market price and leased at $2500 per mo. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Church has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.
Listing Courtesy of INVESTOR'S REAL ESTATE LLC

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More Info

Location Information

  • Road FrontageCity Street

Basic Information

  • Property SubTypeRetail
  • Unit Number178
  • Virtual TourView Tour

Property

  • Business Type Commercial
  • Living Area 5100
  • ZoningGC2

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed06/29/2018
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2007-09-28
  • View Count51

Basic Information

  • List Price$369,000
  • MLS NumberO5717886
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Year Built1965

Utilities

  • Cooling Central Air

Property Information

  • Acreage0.11
  • Construction Materials Stucco
  • Lot Size Square Feet 4,950
  • MFR Total Acreage Non-Applicable
  • Square Feet5,100

Tax Information

  • Tax Year 2019
  • Taxes$3,537

Location

  • Address2921 S Orlando Drive
  • AreaSanford
  • Building Number2921
  • CountySeminole
  • Directions 17-92 north from lake mary blvd. Make right after 417.
  • Leasable Area 5100
  • StateFL
  • StreetOrlando
  • TownSanford
  • Township 20
  • Zip32773
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
9145 Narcoossee Road
Orlando, FL 32827

Based on information submitted to MFRMLS as of January 23, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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