1050 Plaza Drive
Kissimmee, Florida 34743
MLS #S4843107

Multi-Family
  • 8units
$930,000
Est. P&I payment: $3551.97/mo
1050 Plaza Drive, Kissimmee, Florida 34743
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Description for 1050 Plaza Drive, Kissimmee, Florida 34743
COMMERCIAL RETAIL BUILDING IN PREMIUM LOCATION near Airport and near I-192. GOOD Return on Investment 8.3% Perfect location on Boggy Creek and also near Highway 417/Disney , close to Buenaventura Lakes and new residential developments. Building leased out until 2020 to churches and School and until 2022 to Pediatric Extended Care doctor. Units F and G not included in sale. Available for purchase of Plaza are: Unit A -1275 sft, B - 900 sft, C- 918 sft, D- 918 sft, E-936 sft, H-954 sft, I-864 sft, J-1008 sft. Income: $84864 Gross Income per year + CAM: $800 x 12 ($100 per unit) = 9600; minus Exp: Prop. Tax: $8794.00 Insurance & Maint: $4000.00; hence Net Income: $77,146; Cap rate:8.3% (return on investment).
MLS #S4843107
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My Notes for MLS #S4843107

General Features

  • Property Type: Income
  • Property Style: Five or More
  • Lot Num: 1
  • Special Listing Type: Exclusion
  • Special Sale Provision: None
  • Year Built: 2006
  • Total Num Buildings: 1
  • Total Units: 8

Exterior Features

  • Exterior Construction: Block
  • Exterior Features: Mature Landscaping,​Sidewalk,​Trees/Landscaped
  • Roof: Shingle
  • Total Acreage: Up to 10,​889 Sq. Ft.
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 875
  • Lot Dimensions: 100x87
  • Garage Carport: None
  • Garage Features: Assigned Parking,​Open Parking
  • Pool: None
  • Sidewalk YN: 1

Interior Features

  • Sq Ft Heated: 7,773
  • Square Foot Source: Public Records

Utility Features

  • Utilities: Electric
  • Air Conditioning: Central
  • Heating and Fuel: Central

Financial Features

  • Taxes: 1,133
  • Tax Year: 2016
  • HOA Common Assn: None
  • HOA Payment Schedule: Monthly
  • Total Monthly Rent: 6,695
  • Annual Gross Income: 80,340
  • Annual Net Income: 77,146
  • Avg Rent Efficiency: 900
  • Lease Terms: 1 to 2 Years,​3 to 5 Years
  • Financing Available: Cash,​Conventional,​Exchange/Trade

Community Features

  • County: Osceola
  • Township: 25
  • Legal Subdivision Name: LAKES EDGE
  • Location: Close to Bus Line,​In City Limits,​Lot - Oversized,​Sidewalk
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: LAKES EDGE PLAZA SIX A CONDO OR 3338/840 SUITE E
  • Block Parcel: 1
  • Parcel Number: 08-25-30-3068-0001-00E0
  • Plat Book Page: 1
  • Flood Zone Code: X
  • Range: 30
  • Zoning: OPD

Location

 
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Directions to 1050 Plaza Drive, Kissimmee, Florida 34743
Hyw 192 East (L) Simpson Rd turns unto Boggy Creek Rd to plaza on left past Buenaventura Blvd
The listing information for 1050 Plaza Drive, Kissimmee, Florida 34743 was graciously provided by our friends at the listing brokerage, Keller Williams at The Lakes

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P&I Payment $3551.97
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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