NEW
2921 S ORLANDO DRIVE 134,138,140, 142,124,1825, SANFORD, FL 32773
$1,550,869
Commercial 24,312 Square Feet Taxes: $4,219.00 Built in 1965 Type: Retail Listed on 12/06/2018 MLS # O5750704

Description of 2921 S ORLANDO DRIVE 134,138,140, 142,124,1825, SANFORD, FL 32773

Dreams do Come True! Buy these 7 units together or buy them seperately. (building size can be increased) Unit 240/250 The same Chrch has been here for 8+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, 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 Chrch 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 (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information

Directions to 2921 S ORLANDO DRIVE 134,138,140, 142,124,1825, SANFORD, FL 32773

17-92 north from lake mary Blvd. Make right after 417.

Features of 2921 S ORLANDO DRIVE 134,138,140, 142,124,1825, SANFORD, FL 32773

Heating/Cooling

  • Central air

Exterior

  • Stucco exterior

Lot

  • Lot acreage is: 0.62
  • Lot zoned: GC2

Construction

  • Total square feet: 24312.00
  • Units in building(s): 1

Other

  • Tax year: 2017

Mortgage Payments for 2921 S ORLANDO DRIVE 134,138,140, 142,124,1825, SANFORD, FL 32773

The approximate monthly Principal & Interest payment for this property would be $7,633. This payment is based on a 30-year loan at a fixed rate of 4.75 % with a down payment of $155,087. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.