2921 S Orlando Drive, Unit 230Sanford, FL 32773MLS Number O6132836

  • Price: $1,033,333
  • 52 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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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 32773
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  • 0.19Acreage
  • 1965Year Built
  • 10,000Square Feet
A Triple Net lease with an economic powerhouse, Citi Trends in a plaza that has been condominiumized into separate units for sale is a RARE FIND. The units were sold out quickly years ago, this unit is for sale by an owner who is retiring some of his investments. The HOA handles all the outside repairs, maintenance and insurance, except for the roof and HVAC system. However, the all new HVAC units were installed this year and the roof was just recoated with silicone over the foam system to extend the warranty for another 10 years. The silicone over the foam roofing system, which protects the roof from UV rays, also adds a tremendous amount of insulation for the tenant. Pretty much all you need to do is bank the money and pay the real Estate taxes annually. This is the kind of investment that does not take up the most important asset you have "YOUR TIME". This is your chance to own a great investment that is a no brainer. This opportunity will not last long. Great Location; Sanford Plaza is centrally located & close to everything. It is anchored by Bravo Foods, Department of Family Services (DCF subcontractor-CBC), a Pharmacy, True Bens and 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 condo association dues which have been consistent at $1.15 per square foot for more than 10 years and has well over $100,000 in reserve. The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417).
Listing Courtesy of INVESTOR'S REAL ESTATE LLC

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More Info

Location Information

  • Road Frontage["City Street"]

Basic Information

  • Property SubTypeRetail
  • Unit Number230
  • Virtual TourView Tour

Property

  • Living Area 10000
  • ZoningGC2

Utilities

  • Cooling Central Air
  • Heating Central
  • Sewer Public Sewer
  • Utilities BB/HS Internet Capable, Electricity Available, Public, Water Connected
  • Water Source Public

Basic Information

  • List Price$1,033,333
  • MLS NumberO6132836
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Ceiling Height Varied
  • RoofMembrane
  • Year Built1965

Property Information

  • Acreage0.19
  • Construction Materials Block, Stucco
  • Lot Size Square Feet 8,075
  • MFR Adjoining Property Church
  • MFR Converted Residence YN No
  • MFR Total Acreage 0 to less than 1/4
  • Square Feet10,000

Tax Information

  • Fees$11,500
  • Tax Year 2022
  • Taxes$6,450

Location

  • Address2921 S Orlando Drive
  • AreaSanford
  • Building Number2921
  • CountySeminole
  • StateFL
  • StreetOrlando
  • SubdivisionSanford Plaza Condo
  • TownSanford
  • Township 20
  • Zip32773

Amenities

  • Community Features Curbs, Sidewalks

Water Body

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

Other

  • Date Listed08/09/2023
  • MFR Annual Income Type Projected
  • MFR Condo Fees $11,500
  • MFR Condo Fees Term Annual
  • MFR Flood Zone Code X
  • View Count5
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of September 30, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. 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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