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2102 S ORANGE BLOSSOM TRAIL

Multi-family Recently Sold
$3,900,000

BTC: 59.00486926

ETH: 1,445.92249855

Sold on: 2024-02-23
32 days
0 room(s)
27,500 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
4.27 Acres
Heating:
Central
Price/sqft:
$145
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ninguno

    • Other

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 4.27 Acres

    Other Property Information

    • Parcel Number: 032329140209010

    • Zoning: C-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,266

  • Source details

    • MLS ID: O6156609

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 27500

    • Water Source: Public

    • Subdivision Name: CLEAR LAKE VIEWS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MAVREALTY