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31436 County Road 437

Sorrento, FL 32776
  • $975,000
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: O6066683
UPDATED: 13 min ago
$975,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

Great investment opportunity! Could be a good Land Banking candidate. Just under 5 acres, with 2 existing income producing properties producing close to $2800 per month to offset your holding cost included in the sale! One zoned C1 commercial, the other a SFR which are both currently tenant occupied on, according to seller, month to month leases. MULTIPLE possibilities with this beautiful property that is already generating income and could continue to do so until future development occurs. Right in the heart of various planned commercial development over the next 2 years including: hospitals, retail , restaurants, fire stations, and over 20 new apartment/townhome/new home builds that have already started construction or have been approved to do so within a 6 mile radius!

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2023-01-29T20:55:57.397.
www.cainepremierproperties.com/homes/134158342
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31436 County Road 437 Sorrento, FL 32776

  • Price: $975,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 13 min ago
  • ID#: O6066683
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1952
Built
Neighborhood:
Sorrento / Mount Plymouth
County:
Lake
Area:
Sorrento / Mount Plymouth
Property Description
Great investment opportunity! Could be a good Land Banking candidate. Just under 5 acres, with 2 existing income producing properties producing close to $2800 per month to offset your holding cost included in the sale! One zoned C1 commercial, the other a SFR which are both currently tenant occupied on, according to seller, month to month leases. MULTIPLE possibilities with this beautiful property that is already generating income and could continue to do so until future development occurs. Right in the heart of various planned commercial development over the next 2 years including: hospitals, retail , restaurants, fire stations, and over 20 new apartment/townhome/new home builds that have already started construction or have been approved to do so within a 6 mile radius!
Exterior Features

Construction Materials Wood Siding Covered Spaces 0 Foundation Details Stilt/On Piling Lot Features Street Lights Open Parking YN No Parking Features 13 To 18 Spaces Road Frontage Ft 98 Road Frontage Type County Road Road Surface Type PavedAsphaltConcrete Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 864 Ceiling Height 8 To 9 Feet Ceiling Type Drywall Cooling Central Air Cooling YN Yes Flooring Other Heating CentralElectric Heating YN Yes Number Of Restrooms 1 Sewer Septic Tank Water Source None

Property Features

Electric 200+ Amp Service Flood Zone Code X New Construction Yn No Ownership Sole Proprietor Property Sub Type Restaurant Special Listing Conditions None Tax Annual Amount 1065.4 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet CapableElectrical NearbyElectricity AvailableEmergency PowerPhone AvailableSewer NearbyTelephone NearbyWater ConnectedWater Nearby Zoning C-1


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Coldwell Banker Realty: 407-647-1211.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2023-01-29T20:55:57.397.
 
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