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28248851
28248863

1046 PLAZA DR, #D & E & F & G, KISSIMMEE, FL 34743, Kissimmee, FL 34743

Keller Williams Legacy Realty
Listed by Keller Williams Legacy Realty
$750,000
209 days on market
Updated 14 days ago

3 OFFICE CONDOS + TENANT in KISSIMMEE, few miles fr AIRPORT

Details
APN 08 25 30 2984 0001 00D0 & 08 25 30 2984 0001 00E0
Property Type Office, Retail
Sub Type Creative Office, Storefront
Square Footage 3,344
Net Rentable (SqFt) 3,344
Units 3
Cap Rate 9.92%
NOI $74,437
Occupancy 100%
Tenancy Multi
Lease Type Net
Rent Bumps Yes
Price per SqFt $224
Broker Co-Op Yes
Class B
Year Built 2007
Buildings 1
Stories 1
Acreage 0.200
Zoning Office
Parking Spaces 20 spaces
Parking Per SqFt 5.98
Investment Type Stabilized
Lease Commencement 06/01/2024
Occupancy Date 07/01/2023
Ground Lease No
Ownership LLC

Beautifully Upgraded 3-unit Office Condo Good Cap Rate in Kissimmee near MCO Airport and Lake Nona

Marketing description

ALONG BOGGY CREEK (CLOSE TO TURNPIKE) AND ORLANDO INTERNATIONAL AIRPORT *** EXCELLENT INCOME-PROPERTY, 3 OFFICE SUITES *** package includes CONNECTING SUITES DEF (Church) AND G (nail salon) STAND-ALONE. UNITS DEF makes $5294/month ommercial Mixed-Use Building with total size of 4571 sqft. combined FOR UNITS D & E & F for sale. Beautiful building in a great growth area (growing even bigger and better by City of Kissimmee/ Osceola County). Location is in a high-density residential and commercial areas with traffic flowing from Boggy Creek, South to the Turnpike, West into Kissimmee and North towards 417, Lake Nona and flowing towards the Orlando International Airport, and Interstate -192. Plenty of commercial businesses in the vicinity from retail to offices. Unit D 1058 sft, unit E 1115 sft, unit F 1171 sft ***CAM ONLY at $200/Month. BRAND NEW ROOF IN 2019 WITH WARRANTY. AC's in good order. CAM IS $200 PER UNIT COVERS BUILDING INSURANCE, TRASH, LAWN, PROP MGT. Zoning/use (PD/approved uses, if available): OFFICE

Investment highlights

3 OFFICE SUITES *** package includes CONNECTING SUITES DEF (Church). UNITS DEF makes $5294/month. Commercial Mixed-Use Building with total size of 4571 sqft. combined FOR UNITS D & E & F for sale. Beautiful building in a great growth area (growing even bigger and better by City of Kissimmee/ Osceola County). Location is in a high-density residential and commercial areas with traffic flowing from Boggy Creek, South to the Turnpike, West into Kissimmee and North towards 417, Lake Nona and flowing towards the Orlando International Airport, and Interstate -192. Plenty of commercial businesses in the vicinity from retail to offices. For sale are: PARCELS 08 25 30 2984 0001 00D0 & 08 25 30 2984 0001 00E0 &08 25 30 2984 0001 00F0; Legal description. MAGNOLIA PLAZA CONDOS OR 3248/2183 UNITS D & E & F.

Listing Contacts

Keller Williams Legacy Realty
Listed by Keller Williams Legacy Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,437.00
$6,203.08/mo

Valuation Metrics

0
DSCR
9.92%
Cap Rate
9.92%
ROI

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