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Property Description

Excellent investment opportunity featuring TWO STRONG TENANTS. The STATE OF FLORIDA (DEPARTMENT OF CHILD SUPPORT SERVICES) occupies 8,882 SF with approximately THREE YEARS REMAINING ON THE LEASE and has expressed interest in EXTENDING FOR 10+ YEARS. The CURRENT OWNER OCCUPIES 6,880 SF and is open to STAYING OR VACATING based on the buyer's needs. Additionally, 7,040 SF OF VACANT OFFICE SPACE is available for lease.

The property also includes a 1,512 SF SINGLE-FAMILY HOME, currently occupied, which can provide ADDITIONAL RENTAL INCOME. Recent improvements include NEW ROOF (2023), EXTERIOR PAINT (2023), and UPDATED CARPET & INTERIOR PAINT in the State's office suite.

TOTAL CURRENT GROSS INCOME: $261,197 ANNUALLY, with potential to increase through lease-up of the VACANT OFFICE SPACE and RESIDENTIAL UNIT.

Situated on a 4.77-ACRE C-2 ZONED LOT, the property offers approximately 133 PARKING SPACES and excellent potential for OUTSIDE STORAGE OR EXPANDED COMMERCIAL USE.

Ideal for a variety of users, including MEDICAL OFFICES, PROFESSIONAL SERVICES, or SERVICE-BASED BUSINESSES such as ELECTRICIANS, PLUMBERS, AND HVAC CONTRACTORS -- especially those needing AMPLE PARKING OR FLEXIBLE OFFICE SPACE

Overview

Property Status
For Sale
Lot Size
2.36 Acres
MLS ID
TB8404015
Property Type
Commercial
Year Built
1986

Features & Amenities

Total Area
22,814 Sq.Ft.
Roof
Shingle
Air Conditioning
Central Air
Substructure
Concrete Perimeter, Slab
Sales Price
$2,700,000
Real Estate Tax
$28,079/yr
Zoning
C2

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2119 GRAND BLVD

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