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Gelfand Realty Miami Properties - Retail

616 S 14TH US HIGHWAY 27, LEESBURG, FL 34748

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Retail -

616 S 14TH US HIGHWAY 27, LEESBURG, FL 34748

Sold Price$350,000 Asking Price$400,000

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  • Days on market:

    651 day(s)
  • Original Price:

    $499,000
  • Price per sqft:

    $275.1
  • Tax Legal Description:

    BEG 32.25 FT E OF NW COR OF SW 1/4, RUN S 0-11-30 W ALONG E LINE OF 14TH ST 202.92 FT, S 89-26-30 E PARALLEL WITH SUMTER ST 150 FT, N 0DEG 11MIN 30SEC E 50 FT, E PARALLEL WITH SUMTER ST 175 FT, N PARALLEL WITH E LINE OF 14TH ST TO A POINT W OF SW COR OF LOT 1, BLK D DIXIE HEIGHTS ADD, E TO A POINT 50 FT W OF SW COR OF SAID LOT 1, N PARALLEL TO W LINE OF SAID LOT 1 A DIST OF 107.23 FT, E TO NW COR OF SAID LOT 1, N 25 FT TO N LINE OF SW 1/4, W TO POB ORB 3607 PG 2037
  • Tax Year:

    2018
  • Property Type:

    Retail
  • Construction Type:

    Block
  • Cooling Description:

    A/C - Office Only
  • Special Listing Conditions:

    None
  • Lot Features:

    City Lot

Description

$400,000 • living size area 1454 sqft

Income - 9% cap - gross annual income is $36,000 / $3,000 per month - car wash / auto detailing business - new nnn lease w/ a 5 year option - current lease expires 2021 operator / tenant has been there many years. zoned c-3, city of leesburg, .35+/- acre with 204'+/- ft on us hwy 27. fdot avg trips per day 20,300. property is attractive & well maintained by tenant. located in the heart of central florida & just an hour from orlando / disney. close to the villages, fl turnpike & i-75. please do not disturb business & employees.

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