Are you ready for your next investment? If so, you have found it; this property is full of potential. It is a multi-use property, located at a busy and desirable intersection in Osceola County with close access to FL Turnpike. This property includes 10.05 gross acres, with one acre representing submerged land/retention pond, resulting in a net site size of 9.05 acres, or about 394, 218 square feet, with about 435 feet frontage along the north side of Fortune Road. The property consists of a single legally identified parcel that has been analyzed and valued as three separate parcels based on current and potential uses. Parcel A includes 2.45 acres along the north side of Fortune Road. Although currently vacant, it was previously improved with multiple modular offices that included direct access, on-site parking, and utilities. The modular buildings have been removed and this parcel is suitable for retail/commercial development. Parcel B consists of .85 acres and is improved with a 9, 000 square foot (net size) retail building constructed in 2010. The building has multiple entrances and is suitable for multi-tenant commercial use. The balance, or 5, 625 square feet is encumbered by a lease to My First Academy Day Care through July 31, 2026, at a current rate of $10.82 per square foot, based on net terms. To the east side of the property the area is used as a recreational space consisting of a Soccer Field, Baseball Field and a Volleyball Area. Access to Fortune Road is through Parcels A and B, or through the main sanctuary/school property to the east. It is suitable for secondary commercial or institutional use.
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Listing Snapshot
Price
$6,500,000
Days Online
101 Days
Bedrooms
N/A
Inside Area (SqFt)
9,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
9.05 Acres
Year Built
2010
MLS® Number
S5098426
Status
Active
Property Tax
$18,645
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen online
General Features
Construction
BlockConcreteStucco
Parking
Parking Spaces - 19 to 30
Sewer
Public Sewer
Acreage
9.05
Water
Public
Utilities
Electricity Available
Foundation
Slab
Zoning
KB3
Ownership
Corporation
Parcel Number
18-25-30-00U0-0050-0000
Interior Features
Cooling
Central Air
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Exterior Features
Roof
MetalOther
Waterfront Property
No
Lot
Fire Hydrant
Community Features
Township
25S
MLS Area
34744 - Kissimmee
Listing courtesy of BLUE WATER REALTY OF CENTRAL FLORIDA LLC 407-957-7581
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-16 05:35 PM EDT
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