Active

$4,995,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 10800 sq ft
Overview
  • ID: MFRO6384158
  • Bedrooms:
  • Bathrooms: 0
  • Size: 10800 sq ft
Property Details
Remarks
**AMAZING EVENT CENTER, WEDDING VENUE, GOVERNMENT COMMUNITY CENTER, SCHOOL, OR CORPORATE RETREAT CENTER** With nearly **$1.48 million in immediate tax savings** available to buyers in the highest tax bracket, this property delivers an extraordinary opportunity for income-rich investors seeking both powerful tax efficiency and a highly adaptable, income-producing asset. Currently operating as a thriving event center, it includes an on-site two-bedroom owner’s apartment, a bridal suite, a gentlemen’s suite, two RV sites, a 20' x 30' two-car garage, and a storage trailer—providing everything needed for seamless operations or expanded revenue streams. Venue has a private two bedroom residence, bridal suite, 5 plus bathrooms and three bedrooms total. Recent G1 zoning change allows for outdoor events without a permit from Seminole County and the ancillary benefit of being a member of the Agritourism Association, all from planing a small pecan orchard. The pro forma reflects a **5% return**, and the flexible layout makes the property ideal for a wide range of uses, including weddings, community services, education, corporate retreats, or specialty commercial operations. While the accelerated depreciation benefits are finite, they are exceptionally robust, and the long-term fundamentals are equally compelling. Property values in this market have risen **164% over the past decade**, underscoring strong appreciation potential.
Financial Considerations
Price:
$4,995,000
HOA Fee:
N/A
Tax Amount:
$12831.24
Price per SqFt:
$454.09
Tax Legal Description:
SEC 28 TWP 20S RGE 32E E 1/2 OF NW 1/4 OF SW 1/4 OF NE 1/4 & BEG SW COR OF E 1/2 OF NW 1/4 OF SW 1/4 RUN S 123 FT S 21 DEG 38 MIN 54 SEC W 222.68 FT E 32.01 FT N 51 DEG 32 MIN 29 SEC E 483.89 FT E TO WLY R/W OVIEDO-GENEVA RD N 30 FT W TO BEG
Exterior Features
Lot Size:
330847
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Agriculture
Style:
N/A
Year Built:
2022
Construction Type:
Metal Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    455 BRIAR PATCH LN
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