$2,425,000
$2,700,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
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!

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

© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with GRIZZARD COMMERCIAL REALESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "