Sanford, FL 32771,1400 W 1ST ST #1482
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Sanford, FL 32771,1400 W 1ST ST #1482
Sanford, FL 32771,1400 W 1ST ST #1482
Sanford, FL 32771,1400 W 1ST ST #1482
Sanford, FL 32771,1400 W 1ST ST #1482

$1,900,000

Est. payment /mo

$2,289,000

17.0%
Est.Price: ?

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1400 W 1ST ST #1482 Sanford, FL 32771

19,156 SqFt

SOLD DATE : 08/16/2019

Key Details

Sold Price $1,900,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 19,156 sqft

Price per Sqft $99

MLS Listing ID O5716128

Sold Date 08/16/19

Construction Status Inspections

HOA Y/N No

Year Built 2009

Annual Tax Amount $43,833

Lot Size 2.050 Acres

Acres 2.05

Property Description

GREAT INVESTMENT OPPORTUNITY!!! LEXINGTON PLAZA is conveniently situated next to the CENTRAL FLORIDA REGIONAL HOSPITAL, the NEUROHEALTH SCIENCE CENTER and many more Medical facilities. Located in the heart of Sanford and only minutes from the Orlando/Sanford International Airport. This well-maintained shopping center is currently 82% lease and soon to be 100% starting August 1, current CAP rate at 9.2% and soon to be 9.83%, with 10% vacancy rate, without vacancy rate cap at 10.92% with ample parking, good exposure, outstanding visibility, pylon signage and strong demographics that includes traffic count exceeding 30K daily. Take advantage of this ever-increasing real estate growth in Central Florida, with an incredible value found in this investment.

Location

State FL

County Seminole

Zoning GC2

Interior

Cooling Central Air

Building

Lot Description City Limits, Shopping Center, Paved

Lot Size Range Two + to Five Acres

Structure Type Block,Metal Frame

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by DILSON CAPUTO INTNL R. E. CORP
Bought with DILSON CAPUTO INTNL R. E. CORP

Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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