7698 S Florida AVENUE #1 Floral City, FL ^$ 2,500,000

7698 S Florida AVENUE #1

^$ 2,500,000

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7698 S Florida AVENUE #1

Floral City, FL, 34436

^$ 2,500,000

Studio Baths0.0 Sq 1,410

Monthly Estimate*

^$ 16,616

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View a Virtual Tour

Studio

Commercial Property for sale in Floral City, FL

for $2,500,000. This 1,410 square foot building was built in 1940 on a lot size of 2.15.

THIS IS AN INCREDIBLE OPPORTUNITY TO TAKE ADVANTAGE OF THE GROWTH IN FLORAL CITY IN THIS 2.15 ACRE PROPERTY WITH ROAD FRONTAGE ON HIGHWAY 41 AND PROPERTY EXTENDING ALL THE WAY BACK TO BEDFORD ST. ON S BEDFORD ROAD THE 1900 ACRES DIRECTLY ACROSS THE STREET HAS BEEN APPROVED FOR 4 HOUSES PER ACRE WITH WATER PLANT INFRASTRUCTURE IN PLACE. THE NORTH SIDE OF PROPERTY HAS A 30 FOOT EASEMENT. THIS IS A BUSY ROAD AND WOULD BE GREAT FOR ANY BUSINESS! THIS PROPERTY GOES BACK TO 1909 WHEN THE SMOAKS OWNED IT. THIS IS A LARGER PIECE OF PROPERTY WITH SERIOUS POTENTIAL!

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,469

Style

Office

Lot Size

2.15

Year Built

1940

Town/City

Floral City

County/Region

Citrus

MLS | Web ID

O6202981

Features

General

Cooling Central Air

Zoning GNC

Construction Materials Wood Frame Wood Siding

Year Built 1940

Unit Number 1

Property SubType Office

Tax Year 2023

Percent Ownership Sole Proprietor

County Citrus

New Construction No

Property Type Commercial Sale

Subdivision Name FLORAL CITY INVESTMENT CO ADD

Status Active

Directions WEST ON TO SR 44 TOWARDS INVERNESS TO LEFT ONTO HIGHWAY 41 PROPERTY 6.2 MILES ON RIGHT

City FLORAL CITY

Buyer Agent Compensation 3%

MLS Area 34436 - Floral City

Lot Size Square Feet 93720

Waterfront Y/N No

Street Name Florida

Listing Terms Cash Conventional

Tax Annual Amount 3469

Public Remarks THIS IS AN INCREDIBLE OPPORTUNITY TO TAKE ADVANTAGE OF THE GROWTH IN FLORAL CITY IN THIS 2.15 ACRE PROPERTY WITH ROAD FRONTAGE ON HIGHWAY 41 AND PROPERTY EXTENDING ALL THE WAY BACK TO BEDFORD ST. ON

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6202981

Days on Market 1

Standard Status Active

Tax Lot 3

Legal Description FLORAL CITY INVESTMENT CO ADD TO FLORAL CITY PLAT BK 1 PG 24 LOT 1 BLK 5 LESS E 13 FT --&-- ALL OF LOT 2 BLK 5 --AND-- COM AT NE COR OF LOT 12 BLK 5 RUN S 75 FT W 200 FT N 75 FT & E 200 FT --&-- LOTS

Water Access Y/N No

Water View Y/N No

Exterior

Lot Size Area 2.1515

Foundation Details Crawlspace

Number of Buildings 1

Building Area Total 1410

Lot Size Acres 2.15

Road Surface Type Paved

Lot Size Units Acres

Road Frontage Type Highway

Interior

Air Conditioning Y/N Yes

Street Suffix AVENUE

Total Baths 0

Living Area Units Square Feet

* Excluded Features

List By

Gailey Enterprises Real Estate

Broker

rich@gaileyenterprises.com

Affordability Calculator

$16,905

Per Month

Monthly Principal & Interest: $16,616
Monthly Property Taxes: $289
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Floral City, FL

Average List Price ^$885,940

Percent of Sale Price 65%

About Floral City, FL

5,386 Population

10% Since 2002

^$36,722 Median Income

56.29 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$2,500,000		Listed Price

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7698 S Florida AVENUE #1, Floral City, FL, 34436 is a Commercial Property for sale at $2,500,000 with 1,410 sqft and a lot size of 2.15. 7698 S Florida AVENUE #1 is a studio with 0.0 baths and was built in 1940. The property's zip code is 34436 which is in Floral City, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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.

Data is updated as of 6/2/2024.

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7698 S Florida AVENUE #1

Commercial Property for sale in Floral City, FL

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