531 N US HIGHWAY 17 92 Longwood, FL 32750

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
$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!!!
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$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




