400-484 STATE ROAD 436

$12,000,000

$198/sq ft

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Overview

Year Built

1973

Sqft

60720

Property Type

Retail

Property Description

Prime +-3.1 acre commercial property with approximately 350 ft. frontage along State Road 436 (Semoran Blvd) offering outstanding highway visibility and exposure. Located in the heart of beautiful Casselberry, this asset is strategically positioned on one of Central Florida's most heavily traveled commercial corridors, providing exceptional accessibility and long term development potential. retail, professional office, medical healthcare and Institutional uses. Excellent ingress and egress, with close proximity to 17/92. SR 417 and I-4, enhances connectivity and tenant demand. The majority of the units have undergone recent renovations. Additionally, the property is equipped with fully updated fire sprinkler and fire alarm systems meeting current code standards, reducing near-term capital expenditures while enhancing safety and minimizing deferred maintenance. these upgrades position the asset for stable in-place income with upside through leasing, rental growth or future development.

Property Details

MLS#

S5140559

Total Floor in Bldg

2

Address

400-484 STATE ROAD 436

City

CASSELBERRY

State/county

FL

Zip/Postal Code

32707

Area

Carriage Hill Unit 1

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$54,379

Maint Fee

$--

Tax Year

2024

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Boris Gelfand