Active

$26,010,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 5100 sq ft
Overview
  • ID: MFRO6312941
  • Bedrooms:
  • Bathrooms: 0
  • Size: 5100 sq ft
Property Details
Remarks
Great Location ! This unit is leased at $5,100 per mo. Unit is also referred to as #180. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & 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 Church has been there for over 10 years. The current tenant is on month to month lease and may like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. 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.
Financial Considerations
Price:
$26,010,000
HOA Fee:
N/A
Tax Amount:
$5853.77
Price per SqFt:
$1
Tax Legal Description:
UNIT 178 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901
Exterior Features
Lot Size:
4950
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:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
1965
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
N/A
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2921 S ORLANDO DR #178
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