Homes for sale - 2563 PARK DRIVE, Sanford, FL 32773

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Jamie Lucena, MBA

jamielucenarealtor@gmail.com +1(386) 999-1148

$1,250,000

Est. payment - /mo

10,623 SqFt

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UPDATED:

08/28/2024 09:01 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,623 sqft

Price per Sqft $117

Subdivision 504

MLS Listing ID O6236279

HOA Y/N No

Originating Board Stellar MLS

Year Built 1957

Annual Tax Amount $8,845

Lot Size 0.720 Acres

Acres 0.72

Property Description

Discover an exceptional investment opportunity in the heart of Sanford, Florida. This well-positioned retail center offers a compelling blend of steady income and significant upside potential, making it an ideal addition to any savvy investor's portfolio. This retail center represents a rare find in today's market - a stabilized asset with clear pathways to value appreciation. The current below-market rents provide an immediate opportunity to boost returns as leases roll over within the next year. Savvy investors will recognize the potential to not only secure a reliable income stream but also to significantly increase the property's value through proactive management and strategic upgrades. The strong Sanford location ensures continued demand for retail space.

Location

State FL

County Seminole

Community 504

Zoning GC2

Interior

Cooling Wall/Window Unit(s)

Exterior

Roof Type Built-Up

Building

Foundation Block, Slab

Lot Size Range 1/2 to less than 1

Structure Type Concrete,Wood Siding

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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Listed by PREMIUM PROPERTIES R.E. SERVICE

“I take great pride in the level of service, honestly and professionalism I provide to my clients. I'm ready to bring all of my skills front and center to help you sell your existing home, or find your dream home!”

--Jamie Lucena, MBA

+1(386) 999-1148

jamielucenarealtor@gmail.com

2563 PARK DRIVE Sanford, FL 32773