Sarasota's Premier Homes

1501 PEARL STREET

LONGWOOD, FL 32750

MLS#: G5100787

$2,200,000

Status: Active
Listing number: G5100787
Listing provided by: BONJORN REAL ESTATE
Listing agent phone: None
Last update: 2 months ago
On site: 1 year, 2 months ago
Browse Properties
SANLANDO SPGS - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1957

Sq.Footage

3,920

4.3 acres (3 parcels), additional parcels are 00-21-29-5ck-30d-0010 and0-21-29-5ck-30d-000a. Small rental home on property - rent is $1200/month, no lease, has been there over 6 years. House is 1120 sq. ft., Warehouse is 2800 sq. ft with three large roll-up doors, 60x40. Possible 4 homes/acre - currently split zoning - R1A single family and A1 - agricultural. Seller will hold a small first mortgage of $300,000, 6.5 interest, 3 year balloon. Seller is motivated!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    4.3

  • Lot Size(square feet)

    137,783

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,200,000

  • Tax Amount

    $5,577.78

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    3,920

  • Price/SqFt

    $561

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Ownership

    Sole Proprietor

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Seminole

Elementary School

Middle School

High School

Listing Courtesy of Pamela Bonjorn, BONJORN REAL ESTATE

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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4.3 acres (3 parcels), additional parcels are 00-21-29-5ck-30d-0010 and0-21-29-5ck-30d-000a. Small rental home on property - rent is $1200/month, no lease, has been there over 6 years. House is 1120 sq. ft., Warehouse is 2800 sq. ft with three large roll-up doors, 60x40. Possible 4 homes/acre - currently split zoning - R1A single family and A1 - agricultural. Seller will hold a small first mortgage of $300,000, 6.5 interest, 3 year balloon. Seller is motivated!

1501 PEARL STREET

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Related Properties

$226,472 PRO FORMA NOI. $154,472 CURRENT ACTUAL NOI!! (3300sf owner occupied warehouse unit currently, and one vacant 120sf unit). Seller finance with HALF DOWN!! 0 PERCT, 36 mo balloon, 10 year amortization ($8,300/mo payment, then balloon at 36 months). OR...... HALF DOWN, 7 PERCT, 60 month balloon, 25 year amortization ($7,000/mo payment, then balloon at 60 months. CASH BUYER? Don't be shy!! ;) NO LOI'S WILL BE VIEWED NOR PRESENTED. FL FARBAR AS-IS COMMERCIAL CONTRACTS WITH PROOF OF FUNDS, ONLY. NO WHOLESALERS!! END BUYERS ONLY!! Recently, we renovated every unit in the building. Looks new inside! And we painted the exterior same time. Variety of tenants from car dealers to auto service to sanitation professionals and office professionals!!! And, they are all awesome payers!! Some have been around for 6 years already. If you/your buyer need to OWNER OCCUPY, I can move them to another location we have, and you can move-in! So, it is a win-win-win! 531 N US Hwy 17-92 is also for sale at a 10.25 Cap for $1.2M (with some leaseback... which can be eliminated if needed). The seller will keep the seat warm at the money table each month on the 1st until it sells. Don't miss your chance to dance!! *****Also... seller is very eclectic and loves to barter. So, trades of all sorts are welcomed.... other properties, land, exotic vehicles, etc etc. Sky is not the limit!!!*****
#O6449111

LONGWOOD

541 N US HIGHWAY 17 92

None Beds

None Baths

7,100 Sq.Ft.

$1,999,900

MLS#: O6449111

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