28.772348 -81.27726

2921 S ORLANDO DRIVE #134,142,178, 240,250 Sanford, FL 32773

226692979 28.772348 -81.27726 2 /listing/226692979-150445791/2921-s-orlando-drive-no-134142178-240250-sanford-fl-32773 False 0 1500000.0 21312 101 O5750704 False
  • $1,500,000
  • 21,312 sqft
  • 0.53 lot
  • Est payment $8052.32/mo

Property & Neighborhood Info

Courtesy Of INVESTOR'S REAL ESTATE LLC

Commercial in SANFORD

Dreams do Come True! Buy these 5 units together or buy them separately. (building size can be increased) Unit 240/250 The same Chrch has been here for 9+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information available upon request

Courtesy Of INVESTOR'S REAL ESTATE LLC
  1. 21,312 Sq. Ft.
  2. 0.53 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1965
  • County: Seminole County
  • Taxes: $5,484.00
  • Tax Year: 2018
  • Zoning: GC2
  • Subdivision: Sanford Plaza
  • MLS Number:O5750704

Additional Features

  • Cooling:
    • Central Air
  • Building Area Source:
    • Public Records
  • Business Type:
    • Commercial
  • Construction:
    • Stucco
  • Property Subtype:
    • Retail
  • Acreage Range:
    • Non-Applicable
  • Flood Zone:
    • X
  • Number Of Lots:
    • 2
  • Complex Name:
    • SANFORD PLAZA
  • Number of Buildings:
    • 1
  • Road Frontage:
    • City Street
  • Township:
    • 20
  • Income Type:
    • Actual
  • Legal Description:
    • UNIT 134 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901UNIT 142 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901UNIT 178 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901UNIT 240 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901UNIT 250 SANFORD PLAZA CONDOMINIUM ORB 5395 PG 1901
  • Net Operating Income:
    • 153571
  • CDOM:
    • 368
  • Building Expenses:
    • 21312.00
  • Listing URL:
    • https://www.state27homes.com/search/listing/O5750704
  • Lot Size Acres:
    • 0.53
  • Lot Size Square Feet:
    • 22560
  • Parcel Number:
    • 01-20-30-509-0000-0000
  • Tax Block:
    • 05
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Gail Garriss
Gail Garriss
Sales Associate
8039 Champions Gate Blvd Champions Gate FL 33896
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28.772348 -81.27726

2921 S ORLANDO DRIVE #134,142,178, 240,250 Sanford, FL 32773

226692979 28.772348 -81.27726 2 /listing/226692979-150445791/2921-s-orlando-drive-no-134142178-240250-sanford-fl-32773 False 0 1500000.0 21312 101 O5750704 False
  • $1,500,000
  • 21,312 sqft
  • 0.53 lot
  • Est payment $8052.32/mo