3239 Old Winter Garden Road Unit 12A/12B, Orlando, FL 32805
- $600,000
- 2,564
- SqFt
- List Price
- $600,000
- Status
- Active
- Days on Market
- 194
- Price Change
- ▲ $1,000 1790028388
- MLS#
- S5145472
- Property Style
- Mixed Use
- Year Built
- 2006
- Living Area
- 2,564
- Lot Size
- 1,282
- Acres
- 0.03
- Total Acreage
- 0 to less than 1/4
- Monthly Condo Fee
- 271
- Legal Subdivision Name
- Old Winter Garden Road Commerce C
- MLS Area Major
- Orlando/Washington Shores
Property Description
LEASED INVESTMENT - 100 PERCENT OCCUPIED THROUGH JANUARY 2031. Units 12A and 12B are combined into one 2,564 SF office/flex suite in Building 2 of the Old Winter Garden Road Commerce Center, leased to an established church congregation through 1/31/2031 on a Modified Gross lease with 3 percent annual escalations and a five-year renewal option; the lease transfers with the sale. Year-1 NOI $38,818 - a 6.47 cap at $600,000. Available individually or with adjoining Unit 13 (1,282 SF, leased to a nursing academy through 1/31/2031, MLS S5146021, $375,000) as a 3,846 SF package at $975,000 with combined Year-1 NOI $67,654 (6.94 cap). Concrete block construction (2006), single story, central A/C, in a professionally managed condominium park with shared surface parking; the association covers exterior insurance, common areas, landscaping and the lot. Zoned I-G, City of Orlando. Federal Opportunity Zone. Old Winter Garden Road frontage with about 24,500 vehicles a day; roughly half a mile to I-4, minutes to SR-408, SR-50 and John Young Parkway, about three miles west of downtown Orlando. Independent MAI appraisal, rent roll and leases available to qualified buyers after a confidentiality agreement. Cash or conventional buyers can close in 2026. Showings by appointment with 48 hours notice to the tenant; video walkthrough on request.
/u.realgeeks.media/alexthurdekoos/Logo-black.png){kind=logo}
Additional Information
- Taxes Annual
- $2615
- Annual Gross Income
- 54000
- Condo Fees
- $812
- Condo Fees Term
- Quarterly
- Location
- Industrial Condo, Industrial Park
- Community Features
- No Deed Restriction
- Zoning
- I-G
- Utilities
- Electricity Available
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Foundation
- Block
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 28-22-29-6164-02-121
- Legal Description
- OLD WINTER GARDEN ROAD COMMERCE CENTER CONDO 7465/2020 UNIT 12A BLDG 2
Listing courtesy of UNIVERSAL REALTY OF CENTRAL FL. 407-517-4700
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. 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 last updated on