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Gelfand Realty Miami Properties - Multi Family

351 - 355 US HWY 441, EUSTIS, FL 32726

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Multi Family -

351 - 355 US HWY 441, EUSTIS, FL 32726

Sold Price$3,400,000 Asking Price$3,900,000

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  • Days on market:

    152 day(s)
  • Original Price:

    $3,900,000
  • Price per sqft:

    $106.93
  • Tax Legal Description:

    EUSTIS, LAKE SAUNDERS SUB LOT 37--LESS W 30 FT & LESS E 185 FT--PB 4 PG 30, INWOOD HEIGHTS REPLAT SUB S 150 FT OF E 1/2 OF TRACT 1--LESS W 30 FT--PB 10 PG 40 ORB 1852 PG 92
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Parking:

    Over 30 Spaces
  • Construction Type:

    Block
  • Cooling Description:

    Central AirZoned
  • Special Listing Conditions:

    None
  • Lot Features:

    City Lot

Description

$3,900,000 • living size area 36472 sqft

Multi - tenant center - 89% occupancy - gross income $387,777 - potential 9% + cap rate - brand new enterprise lease through 2022 - major us 441 hospitality retail corridor - 7.47+/- acres total, city of eustis - 2.25+/- acres vacant land - 4 buildings - 35,722+/- total sf - excellent visibility & easy access - 430' +/- ft of us hwy 441 visibility, 630' +/- ft on ruleme st - concrete block construction - major renovations 2015 - 2016, built 1968- 43,045 avg trips per day - zoned gc general commercial - city of eustis - alt key # 1748151 & 1243777 - us hwy 441 income - investment - 1031 - retail, commercial - - tenants including enterprise rent-a-car with a brand new nnn lease through 2022. excellent central florida income investment property or 1031 exchange, one hour to orlando & 45 minutes to the villages strong & still growing demographics! financial data & leases available with executed ca / nda
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