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2921 South Orlando Drive 230, SANFORD

$980,000

0 Beds
0 Baths
10,000 Sqft
.19 Acres
0 Garages

Price Improvement! 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).

2921 South Orlando Drive 230 is in SANFORD, FL. This Commercial Sale property for sale is currently being offered at $980,000. Built in 1965 this 0 bedroom, 0.00 bathroom Seminole Commercial Sale property has been listed on RealtyInOrlando.com for 262 days. 2921 South Orlando Drive 230 is priced at $98.00 Per Square Foot, and is situated on 0.19 acres of land. Please contact your local Realtor® for more information on 2921 South Orlando Drive 230, SANFORD, FL 32773. Property Listing Reference: MLS number: O6132836.

Essential Information
MLS® #O6132836
Price$980,000
Bathrooms0.00
Square Footage10,000
Acres0.19
Year Built1965
TypeCommercial Sale
Sub-TypeRetail
StatusActive
HOA$0
Taxes$6,450
Community Information
Address2921 South Orlando Drive 230
AreaSanford
SubdivisionSANFORD PLAZA CONDO
CitySANFORD
CountySeminole
StateFL
Zip Code32773
Interior
HeatingCentral
CoolingCentral Air
Exterior
RoofMembrane
FoundationSlab
Other Information
Date ListedAugust 9th, 2023
Days on Market262
ZoningGC2
Listing Details
OfficeINVESTOR'S REAL ESTATE LLC
Property History
Price Reduced from $1,033,333 to $980,000
Price Reduced from $1,333,333 to $1,033,333
Price Increased from $1,100,000 to $1,333,333
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 27th, 2024 at 11:48pm EDT.