531 N Us Highway 17 92 | Image 1
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531 N Us Highway 17 92 | Image 2
531 N Us Highway 17 92 | Image 3
531 N Us Highway 17 92 | Image 4
531 N Us Highway 17 92 | Image 5
531 N Us Highway 17 92 | Image 6
531 N Us Highway 17 92 | Image 7

$1,599,900

For Sale

5 days ago

MLS® O6389797

0 Bed

0 Bath

3460 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 3460 sqft
Garage No
HOA Fees 
Taxes $4,553
Days Active 4
Approx. Age 1973
Avg. Price Per Sqft $462
MLS® Number O6389797

Property Address: 531 N Us Highway 17 92, Longwood, FL, 32750-4416

Average square foot calculated using Size range provided by listing agent.

Description

12.5 CAP RATE!!! ?? ############################################################################################# 15-Unit C-2 Zoned retail plaza. Located on a busy 6-Lane Hwy! Fully leased right now and with 1 owner occupied space (owner will stay and pay), and still has over $200k NOI right now! ############################################################################################# This is a chance to own a commercial property without having to fall on your face with rejection from banks!! Most banks want 30pct or more as a down payment, tax returns, excellent credit, etc. Many private money and hard money lenders want 40-50pct down and rates are high as the clouds fly, at around 12-15 pct plus 2-6 pct loan origination! That is nearly 20 pct for the first year! What a waste!!! ############################################################################################# Put just 25pct DOWN PAYMENT ($399, 975) and with a low interest rate of just 9.9pct ($9, 899 monthly payment) with a balloon payment in 5 years. ############################################################################################# Even after debt service, you can cash flow $80k/year at the current occupancy (one owner occupied office)!! And it will only get better from there with leases having annual rent escalations BUILT-IN. Invest less than $400k down and get back $80k/ year!!!! Or, pay cash and sky is the limit!! It is a great investment no matter which way you look at it! All while your asset is constantly appreciating, and even more since the area is really changing a lot as of lately. ############################################################################################# Contact me today and let’s get the ball rolling in your direction.
MLS® NumberO6389797
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$1,599,900List Price
  • Commute

Commute

Starting Address
Destination Address
531 N Us Highway 17 92, Longwood, FL

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