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Gelfand Realty Miami Properties - Retail

3150 S ORLANDO, SANFORD, FL 32773

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Retail -

3150 S ORLANDO, SANFORD, FL 32773

Date Sold 07-29-2016

Sold Price$968,000 Asking Price$1,190,000

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  • Days on market:

    130 day(s)

  • Original Price:

    $1,375,000

  • Price per sqft:

    $182.29

  • Tax Legal Description:

    SEC 11 TWP 20S RGE 30E BEG 706.4 FT S 24 DEG 34 MIN W & 80 FT N 65 DEG 26 MIN W OF A PT 711.6 FT S OF NE COR RUN S 24 DEG 34 MIN W 225 FT N 65 DEG 26 MIN W TO LAKE NELY ALG LAKE TO A PT N 65 DEG 26 MIN W OF BEG S 65 DEG 26 MIN E TO BEG

  • Tax Year:

    2015

  • Property Type:

    Retail

  • Lease Term Remaining:

    6 + Years

  • Special Listing Conditions:

    None

  • Lot Features:

    City Lot

Description

$1,190,000 • living size area 6528 sqft

Tenant has 20 years lease and lease will end 2028. rent increase every 5 years nn and owner pays real estate tax . business is ihop .cap rate 6.8%.

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$2,289,000

1400 W 1ST #1482, SANFORD, FL 32771
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