531 N US HIGHWAY 17 92, Longwood, FL 32750
531 N US HIGHWAY 17 92, Longwood, FL 32750
531 N US HIGHWAY 17 92, Longwood, FL 32750
10
See all 10 photos
$1,299,900
Est. payment /mo
3,460 SqFt
Active

531 N US HIGHWAY 17 92 Longwood, FL 32750

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $375

Subdivision Dunn Legacy

MLS Listing ID O6389797

HOA Y/N No

Year Built 1973

Annual Tax Amount $4,553

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Retail

Source Stellar MLS

Property Description

COMMERCIAL REAL ESTATE OFFERING INTEREST-FREE SELLER FINANCE!! YES, INTEREST-FREE!!!!!!
$1,299,900 and SELLER FINANCE with $650,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................

Option 2: Seller Finance with only $299k down, but at 8 Perct interest amortized at 25 years with a 60 month balloon. Even this is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans offering a similar rate and down payment would be higher than the 23 prct being offered at $299k down!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................
Option 3: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!!
................................................................................................................................................................................................................................................................................................................................................................................................................................................


$114k NOI. WOW!!!!!!! And that's with seller leaseback of 5 units. Once seller is out, your return will be 85 perct higher at $200k+ NOI!!
15-Unit C-2 Zoned retail plaza. ALL Units have their own exterior entry. All units have legal addresses of their own. So, this can also be condo'd out!!
Located on a busy 6-Lane Hwy 17-92! Fully leased right now and with some owner occupied space.
Contact me today and let's get the ball rolling in your direction.
SELLER/OWNER FINANCE at ZERO INTEREST!!!!!! :-O

Location

State FL

County Seminole

Community Dunn Legacy

Area 32750 - Longwood East

Zoning C-2

Interior

Cooling Other

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Owner Financing, Private Financing Available

Listing Terms Cash, Owner Financing, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6389797


Stellar MLS
Listed by DuNaMis Dunn REALTY HUB

NEARBY SCHOOLS & PROPERTIES

BUYING MY HOME

Name

Name

Phone*

Phone

Message

Message

SELLING MY HOME

Name

Name

Phone*

Phone

Message

Message

Go tour this home

531 N US HIGHWAY 17 92