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Ocala Homes and Farms Realty
123 W Rhode Island Avenue, Orange City, FL 32763
- $1,350,000
- 6,020
- SqFt
- List Price
- $1,350,000
- Status
- Active
- Days on Market
- 131
- MLS#
- O6414974
- Property Style
- Mixed Use
- Year Built
- 1967
- Living Area
- 6,020
- Lot Size
- 108,900
- Acres
- 2.50
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Orange City
- MLS Area Major
- Orange City
Property Description
SELLER FINANCING AVAILABLE! Rare opportunity to acquire an income-producing commercial campus in Orange City with attractive financing terms. Situated on approximately 2.25 acres, this unique property features four buildings totaling approximately 6,060 SF and generates approximately $10,000 in monthly rental income. Currently occupied by educational tenants, the property offers an established income stream with potential for future rental growth and long-term investment value. Recent improvements include electrical and plumbing updates, along with an extensive solar panel system designed to reduce operating expenses. The multi-building layout provides flexibility for investors and potential future owner-users, subject to existing leases and applicable approvals.
Additional Information
- Taxes Annual
- $3508
- Annual Gross Income
- 110400
- Location
- City Limits, Landscaped, Wooded
- Community Features
- No Deed Restriction
- Zoning
- R-4
- Floor
- Ceramic Tile, Laminate
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 2377143
- Legal Description
- S 1/2 LOT 22 EXC W 462 FT OF S 1/2 EXC NEW R/W IN S 62.55 FT ON W/L & S 23.66 FT ON E/L N OF RHODE ISLAND & N 1/2 LOT 22 EXC W 528 FT BLK 30 ORANGE CITY MB 3 PG 86PER OR 2127 PG 0179 PER OR 3690 PG 1552 PER OR 5792 PG 1236 PER OR 5828 PG 0360-0363 PER OR PER OR 5868 PG 1823 & PER OR 6386 PG 1477 PER OR 7224 PG 2295
Listing courtesy of PRIMEFIT PROPERTIES LLC. 407-305-2284
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