2 months on rocket

531-541 N US Highway 17 92, Longwood, FL, 32750

$4,100,000

0 Baths
10,460 SqFt
$392/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
Year Built1973
HeatingElectric
CoolingOther
MLS #O6243672
Lot Size1.14 Acres
StatusActive

About 531-541 N US Highway 17 92

SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! 10.2 CAP RATE!!!! Which is over $400k/yr! WOW!!! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! ###########################################################################################. LIST AGENT IS THE SELLER AND DECISION MAKER!! DEAL DIRECT FOR AN EASY DEAL!! SELLER WILL STAY AND CONTINUE TO OCCUPY THEIR PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!! Plug N Play Investment!!! Located on the booming US Highway 17-92!! Longwood, FL 32750. For all you out-of-staters dying to get into FL Commercial Real Estate.. this is the ORLANDO MARKET!!! Surrounded by everything!! Close by Everything! You name it, it's not far! ###########################################################################################. BDG 1::: 15 retail units! 3400sf. BDG2::: 3 flex space units & 8 separate retail units, total of 11 units! 7060sf. So, 26 units grand total! Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking RETURN ON INVESTMENT!!! ###########################################################################################. All pertinent information can be verified under contract: Rent Roll, P&L, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... Rent Roll/ P&L/T12 are available, now. Just ask. All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. DO NOT DISTURB THE TENANTS!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Living Area: 10,460 SqFt

Listing Office:

  • Office Name: REALTY HUB
  • Office Phone: (888) 900-1801
  • Listing Agent: DuNaMis Dunn

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s)

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk

Virtual/3D Tour

  • Virtual Tour: 531-541 N US Highway 17 92
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.14 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Other

Other

Directions Information:

  • Directions: From 434 turn onto 17-92 towards Sanford. Pass Nursery Road, and make a right at 531 N 17-92.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,100,000
  • Price Per SqFt: $392/SqFt
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Housing Market Comparison

See how this home compares to others in Longwood, FL.

Med. Sold Price

$460K

Med. Price/SqFt

$242

Avg. Days On Market

44

# of Sold Homes

49

531-541 N US Highway 17 92 vs Longwood

84 DAYS ON ROCKET

+40 Days

$4,100,000

+$3.6M More

$392/SqFt

+$150 More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price and $150/SqFt more than other homes in Longwood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6243672

Listing Office:

  • Office Name: REALTY HUB
  • Office Phone: (888) 900-1801
  • Listing Agent: DuNaMis Dunn

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$20.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.3K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4468363
5
/10
  • Longwood Elementary School

  • 840 Orange Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-4468364
6
/10
  • Winter Springs Elementary School

  • 701 W State Road 434

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-4468365
6
/10
  • Highlands Elementary School

  • 1600 Shepard Rd

  • 1.40 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,075. The most common annual income of people living in Longwood, FL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaSeminole CountyLongwood32750531-541 N US Highway 17 92

This home is located at 531-541 N US Highway 17 92 in Longwood, FL and zip code 32750. This 10,460 square foot home, which was built in 1973, sits on a 1.14 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $4,100,000.

Longwood, FL housing market in November 2024 saw over 3 listings sold above listed price, more than 13 sold at listed price and over 33 sold below. The number of listings in Longwood, FL increased by 2.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 44 days, the median list price was $460,000.

From Rocket Homes Real Estate and based on county public records data.

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