1050 Plaza Drive, Kissimmee, FL 34743

$930,000
7,773
SqFt
List Price
$930,000
Status
Active
Days on Market
289
MLS#
S4843107
Property Style
Five or More
Year Built
2006
Living Area
7,773
Lot Size
875
Acres
0.02
Total Acreage
Up to 10,889 Sq. Ft.
Legal Subdivision Name
Lakes Edge
MLS Area Major
Kissimmee

Property Description

COMMERCIAL RETAIL BUILDING IN PREMIUM LOCATION near Airport and near I-192. GOOD Return on Investment 8.3% Perfect location on Boggy Creek and also near Highway 417/Disney , close to Buenaventura Lakes and new residential developments. Building leased out until 2020 to churches and School and until 2022 to Pediatric Extended Care doctor. Units F and G not included in sale. Available for purchase of Plaza are: Unit A -1275 sft, B - 900 sft, C- 918 sft, D- 918 sft, E-936 sft, H-954 sft, I-864 sft, J-1008 sft. Income: $84864 Gross Income per year + CAM: $800 x 12 ($100 per unit) = 9600; minus Exp: Prop. Tax: $8794.00 Insurance & Maint: $4000.00; hence Net Income: $77,146; Cap rate:8.3% (return on investment).

Additional Information

Taxes
$1,133
Annual Gross Income
80340
HOA Payment Schedule
Monthly
Location
Close to Bus Line, In City Limits, Lot - Oversized, Sidewalk
Zoning
OPD
Utilities
Electric
Heating
Central
Air Conditioning
Central
Exterior Construction
Block
Exterior Features
Mature Landscaping, Sidewalk, Trees/Landscaped
Roof
Shingle
Pool
None
Garage Carport
None
Garage Features
Assigned Parking, Open Parking
Total Units
8
Housing for Older Persons
N/A
Flood Zone Code
X

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams at The Lakes.

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