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880 S DUNCAN DR / SR 19

Commercial Recently Sold
$2,425,000

BTC: 40.41666667

ETH: 1,388.88888889

Sold on: 2021-12-24
36 days
0 room(s)
22,294 sqft

Overview

Offering is for South Point Commerce Park - 7% CAP Rate with 2 vacancies (1,375 SF & 708 SF). This trophy property consists of 3 completed buildings for a total of 18 units and one pad ready to go vertical for up to a 6,000 SF bldg on 4+/- Acres & all infrastructure in place. Beautiful buildings immaculately kept all set under lovely Oaks with more than enough parking. Built in 2005 everything still looks brand new. Professionally managed and maintenanced for repairs and landscaping. Current rents are below market offering a significant upside. Excellent rental history. Located within the City of Tavares with city utilities, SECO power and 810'+/- FT of SR 19/ S Duncan Dr frontage just minutes to Tavares City Hall and Lake County's court house & government center. Tavares is America's Seaplane City and is less than an hour to Orlando, Ocala or The Villages and minutes to Florida's Turnpike and I-75. Great investment / income opportunity in the heart of Central Florida with great visibility and easy access. All information provided herein is believed to be accurate, but is not guaranteed nor represented or warranted.

Location

Details

Type:
Commercial Sale
Parking:
Over 30 Spaces
Year Built:
2005
Lot:
4.09 Acres
Heating:
No Data
Price/sqft:
$121
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$25,839
2020
All facts and features
  • Cooling

    • Central Air

  • Parking

    • Over 30 Spaces

    Lot

    • Lot: 4.09 Acres

    Other Property Information

    • Parcel Number: 311926040000N00100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Electricity Available

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $25,840

  • Source details

    • MLS ID: G5045712

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 22294

    • Lot Size Dimensions: irr

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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 ©2026-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: GRIZZARD COMMERCIAL REALESTATE