4641 Clyde Morris Boulevard 204-207, Port Orange, FL 32129
$1,200,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
1,742
Status:
Closed
Current Price:
$1,200,000
List Date:
6/22/2023
Last Modified:
9/28/2024
Overview
Description
Supplements: ... (Read more) Inside, the interiors are thoughtfully designed and well-appointed, reflecting the coastal ambiance of the area. Port Orange is a thriving community with a strong local economy and a growing population. The city's strategic location, coupled with its vibrant lifestyle and natural beauty, make it an enticing destination for residents and tourists alike. Investing in this income-producing commercial property offers a rare opportunity to capitalize on the success of Port Orange while enjoying a healthy 6.5% cap rate. Don't miss out on this chance to secure a lucrative investment in one of Florida's most sought-after locations.
Listing Details MLS# 1110747
General Property Information
- Number Of Units Total
- 4
- Year Built
- 2006
- Lot Size Acres
- 0.04
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- SE Corner Herbert and Clyde Morris
- Public Remarks
- Welcome to this exceptional income-producing commercial property in the heart of thriving Port Orange, Florida. This fully leased, beautifully maintained Key West-style condominium, this property is enhanced by the fact that it has a long-term tenant in place, with multiple years remaining on the current lease. The property's longevity and stability are further solidified by the presence of a trusted and established tenant committed to the space for the foreseeable future. This provides you, as the investor, with peace of mind and the assurance of consistent rental income. You can enjoy immediate cash flow with this absolute NNN lease with no expense to owner & 3% annual increases ensuring a hassle-free investment experience.
Property Features
Building Features:
Kitchen Facilities; Private Restroom; Public Restroom; Showroom
Business Type:
Business Park; Commercial; Professional Service; Professional/Office
Construction Materials:
Stucco
Cooling:
Central Air
Current Use:
Office
Existing Lease Type:
NNN
Heating:
Central
Location:
Commerce Park
Road Frontage Type:
City Street
Sale Includes:
Building & Land
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Listing Contract Date
- 2023-06-22
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 4641
- Street Name
- Clyde Morris
- Street Suffix
- Boulevard
- County
- Volusia
- State
- FL
- Postal Code
- 32129
- MLS Area Major
- 24 - Port Orange N of Dunlawton, E of 95
Status Change Information
- Major Change Timestamp
- 2023-08-28T17:18:17Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2023-07-10
- Close Date
- 2023-08-28
- Close Price
- 1200000
Building Features
- Ceiling Eve Height
- 7 - 10 Feet High
- Kitchen Facilities
- Yes
- Private Restroom
- Yes
- Public Restroom
- Yes
- Showroom
- Yes
More Information
Historical Information
- Public Historical Remarks 1
- Zoning (Text): CC; Bldg Type/Location: Attached; Income/Operating Inc: Annual Escalation: 3; Parking: Paved; SqFt - Total: 6302.00; Site Improvements: Curb/Sidewalks; Confidential Listing: N; % Occupancy: 100.00; Financial Package: Yes; Franchise Opt In: No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 6308-29-02-2040
- Tax Annual Amount
- 13220.28
- Tax Year
- 2022
- Tax Legal Description
- UNIT 204 BLDG 2 GULFSTREAM VILLAGE CONDO PER OR 5177 PG 4054 PER OR 5620 PG 4285 PER OR 6229 PG 1227 UNIT 205 BLDG 2 GULFSTREAM VILLAGE CONDO PER OR 5177 PG 4054 PER OR 5620 PG 4285 PER OR 6229 PG 1227 UNIT 206 BLDG 2 GULFSTREAM VILLAGE CONDO PER OR 5177 PG 4054 PER OR 5620 PG 4285 PER OR 6229 PG 1227 UNIT 207 BLDG 2 GULFSTREAM VILLAGE CONDO PER OR 5177 PG 4054 PER OR 5620 PG 4285 PER OR 6229
Currently Not Used
- Unit Number
- 204-207
- Year Built
- 2006
Construction Materials
- Stucco
- Yes
Cooling
- Central Air
- Yes
Current Use
- Office
- Yes
Heating
- Central
- Yes
Road Frontage Type
- City Street
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Business Type
- Business Park
- Yes
- Commercial
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
Existing Lease Type
- NNN
- Yes
Location
- Commerce Park
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Realty Pros Commercial
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.