$1,599,900
531 N Us Highway 17 92 Longwood, FL 32750
For Sale MLS# O6389797
3,460 sq ft Commercial
Details for 531 N Us Highway 17 92
MLS# O6389797
Description for 531 N Us Highway 17 92, Longwood, FL, 32750
12.5 CAP RATE!!! ?? ############################################################################################# 15-Unit C-2 Zoned retail plaza. Located on a busy 6-Lane Hwy! Fully leased right now and with 1 owner occupied space (owner will stay and pay), and still has over $200k NOI right now! ############################################################################################# This is a chance to own a commercial property without having to fall on your face with rejection from banks!! Most banks want 30pct or more as a down payment, tax returns, excellent credit, etc. Many private money and hard money lenders want 40-50pct down and rates are high as the clouds fly, at around 12-15 pct plus 2-6 pct loan origination! That is nearly 20 pct for the first year! What a waste!!! ############################################################################################# Put just 25pct DOWN PAYMENT ($399,975) and with a low interest rate of just 9.9pct ($9,899 monthly payment) with a balloon payment in 5 years. ############################################################################################# Even after debt service, you can cash flow $80k/year at the current occupancy (one owner occupied office)!! And it will only get better from there with leases having annual rent escalations BUILT-IN. Invest less than $400k down and get back $80k/ year!!!! Or, pay cash and sky is the limit!! It is a great investment no matter which way you look at it! All while your asset is constantly appreciating, and even more since the area is really changing a lot as of lately. ############################################################################################# Contact me today and let’s get the ball rolling in your direction.
Listing Information
Property Type: Commercial, Retail
Status: Active
Lot Size: 0.30 Acres
Square Feet: 3,460 sq ft
Year Built: 1973
Construction: Block
Subdivision: Entzminger Farms Add 3
Foundation: Slab
County: Seminole
Utilities
Cooling: Other
Driving Directions
Coming from Winter Springs side....Take 434 towards Longwood and turn right on N 17-92. Drive up about 1/2 mile and pass Maaco on your right, Ztech on your right, and the turn is on your right, as soon as you pass the bus stop.
Financial Considerations
Terms: Cash,Owner May Carry,Private Financing Available
Tax/Property ID: 33-20-30-503-0000-018C
Tax Amount: 4553
Tax Year: 2024
A broker reciprocity listing courtesy: REALTY HUB
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 531 N Us Highway 17 92
Sales History
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Tax Summary
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Schools
Schools nearby 531 N Us Highway 17 92
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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