Rhonda Jolly (941) 741-2500  -  REALTOR® | rjolly32@hotmail.com
$1,299,900

531 N Us Highway 17 92 Longwood, FL 32750 Commercial - Retail Active

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Description

COMMERCIAL REAL ESTATE FOR SALE WITH SELLER FINANCE!! *****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED*****************************************************$1,299,900 and SELLER FINANCE with $650,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! HEAVY CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! ********************************************************************************Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 20 Perct down on an investment commercial property!! Don't miss out! Payments amortized at 25 years.****************************************************************************************************************Option 3: $150k DOWN, 8 Perct Payments and Balloon in 12 months. Very short term, same as a hard money loan, but with no points or bogus fees at closing! Payments amortized at 25 years. Also Hard Money would require 40-50 Perct down... so this is a great opportunity you won't see often!!****************************************************************************************************************Option 4: The CASH ME OUTSIDE option!!! Knock off $200K from the price and let's get closed in 30 days!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! Don't sleep on this one!!!****************************************************************************************************************NOI: $114k (net operating income) which includes seller lease back of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at around $200k+ which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!!** Don't miss your chance to dance!************************************************************************************************15-Unit Retail building.Frontage of 6-lanes of traffic on US Hwy 17-92.North Orlando FL area. So close you can walk to the auto auctions!(AutoNation Auto Auction and Orlando Longwood Auto Auction)Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! We can also include in the sale helping you set up your very own auto dealership!!! Building recently renovated so looks new inside. No nasty carpet anywhere. LVP & tiled floors.

Property Highlights

Property Type: Commercial - Retail
Cooling: Other
Lot Size: 0.35 Acres
Taxes: $4,553
Year Built: 1973

General Information

County: Seminole
Subdivision: DUNN LEGACY
Listed By:
DuNaMis Dunn REALTY HUB 407-900-1001

Property Features

Days on Site: 103
Directions: Coming from Winter Springs side....Take 434 towards Longwood and turn right on N 17-92. Drive up about 1/2 mile and pass Maaco on your right, Ztech on your right, and the turn is on your right, as soon as you pass the bus stop.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Owner Financing, Private Financing Available
Lot Dimensions: 0.35
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Retail
Sale Includes: Building(s) and Land, Leases
Showing Instructions: See Remarks
Special Sale Provisions: None
Water Access Y/N: No
Zoning: C-2
$1,299,900
Active
SQUARE FEET3,460 MLS#O6389797
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONDUNN LEGACY

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531 N Us Highway 17 92, Longwood, FL 32750.

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