Sarasota's Premier Homes

2102 S ORANGE BLOSSOM TRAIL

ORLANDO, FL 32805

MLS#: O6156034

$4,000,000

Status: Closed
Listing number: O6156034
Listing provided by: MAVREALTY
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
Browse Properties
CLEAR LAKE VIEWS - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1996

Sq.Footage

27,745

We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Other, Wood Siding

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    4.27

  • Lot Size(square feet)

    186,001

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $4,000,000

  • Tax Amount

    $3,266

  • Zoning

    C-3 & R-2

  • Sq. Footage

    27,745

  • Price/SqFt

    $144

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other, Slab

  • Ownership

    Partnership

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Location

County

Orange

Elementary School

Middle School

High School

Listing Courtesy of Robert Kirkwood, IV, MAVREALTY

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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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We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.

2102 S ORANGE BLOSSOM TRAIL

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