Tavares, FL 32778,880 S DUNCAN DR / SR 19
Tavares, FL 32778,880 S DUNCAN DR / SR 19
Tavares, FL 32778,880 S DUNCAN DR / SR 19
Tavares, FL 32778,880 S DUNCAN DR / SR 19
Tavares, FL 32778,880 S DUNCAN DR / SR 19
Tavares, FL 32778,880 S DUNCAN DR / SR 19
See all 24 photos

$2,425,000

$2,700,000

10.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

22,294 SqFt


SOLD DATE : 12/24/2021

Key Details

Sold Price $2,425,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 22,294 sqft

Price per Sqft $108

MLS Listing ID G5045712

Sold Date 12/24/21

Construction Status Completed

HOA Y/N No

Year Built 2005

Annual Tax Amount $25,839

Lot Size 4.090 Acres

Acres 4.09

Lot Dimensions irr

Property Sub-Type Office

Property Description

Offering is for South Point Commerce Park - 7% CAP Rate with 2 vacancies (1,375 SF & 708 SF). This trophy property consists of 3 completed buildings for a total of 18 units and one pad ready to go vertical for up to a 6,000 SF bldg on 4+/- Acres & all infrastructure in place. Beautiful buildings immaculately kept all set under lovely Oaks with more than enough parking. Built in 2005 everything still looks brand new. Professionally managed and maintenanced for repairs and landscaping. Current rents are below market offering a significant upside. Excellent rental history. Located within the City of Tavares with city utilities, SECO power and 810'+/- FT of SR 19/ S Duncan Dr frontage just minutes to Tavares City Hall and Lake County's court house & government center. Tavares is America's Seaplane City and is less than an hour to Orlando, Ocala or The Villages and minutes to Florida's Turnpike and I-75. Great investment / income opportunity in the heart of Central Florida with great visibility and easy access. All information provided herein is believed to be accurate, but is not guaranteed nor represented or warranted.

Location

State FL

County Lake

Area 32778 - Tavares / Deer Island

Interior

Cooling Central Air

Exterior

Parking Features Over 30 Spaces

Utilities Available Electricity Available, Phone Available, Public, Water Connected

Roof Type Shingle

Building

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by GRIZZARD COMMERCIAL REALESTATE
Bought with GRIZZARD COMMERCIAL REALESTATE
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 702-9986

chris@liveintampa.com

3309 W Bay To Bay Blvd, Tampa, FL, 33629, USA

GET MORE INFORMATION

Name
Phone*
Message