Sanford, FL 32773,2921 S ORLANDO DR #172
Sanford, FL 32773,2921 S ORLANDO DR #172
Sanford, FL 32773,2921 S ORLANDO DR #172
Sanford, FL 32773,2921 S ORLANDO DR #172
Sanford, FL 32773,2921 S ORLANDO DR #172
Sanford, FL 32773,2921 S ORLANDO DR #172
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$250,000

$265,000

5.7%
Est.Price: ?

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Est. payment /mo

2,500 SqFt


SOLD DATE : 06/01/2023

Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $100

Subdivision Sanford Plaza Condo

MLS Listing ID O6087647

Sold Date 06/01/23

Construction Status Financing,Inspections,Other Contract Contingencies

HOA Y/N No

Originating Board Stellar MLS

Year Built 1965

Annual Tax Amount $3,233

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Great Location! Unit is currently leased for $2,300 per month. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of 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 unit has been there for over 10 years. 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.

Location

State FL

County Seminole

Community Sanford Plaza Condo

Zoning GC2

Interior

Cooling Central Air

Exterior

Parking Features Common

Community Features Sidewalks

Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

Roof Type Other

Building

Lot Description Shopping Center, Sidewalk

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Financing,Inspections,Other Contract Contingencies

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by INVESTOR'S REAL ESTATE LLC
Bought with VANWALD AND ASSOCIATES LLC

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