Belleview, FL 34420,7850 SE 110TH STREET RD #1
Belleview, FL 34420,7850 SE 110TH STREET RD #1
Belleview, FL 34420,7850 SE 110TH STREET RD #1
18
$700,000
$699,900
Est.Price: ?

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3,511 SqFt

7850 SE 110TH STREET RD #1 Belleview, FL 34420

Est. payment /mo
SOLD DATE : 10/16/2024

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Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 3,511 sqft

Price per Sqft $199

MLS Listing ID W7867210

Sold Date 10/16/24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1958

Annual Tax Amount $2,905

Lot Size 6.360 Acres

Acres 6.36

Lot Dimensions 210x1320

Property Description

We have multiple buildings and income opportunities on this retail agricultural piece of land. The property has been operated as a Junk Yard prior to 1983 when Zoning made changes around it. Auto Salvage and Recycling Yard & Facility grandfathered-in to where they are an auto recycling and salvage while maintain SFH residences in the front part of the property (first 225ft). There are 3 individual SFH’s on the property all rented out and then the huge fenced in open area (after 225 ft) that currently has 1,000 cars parked and stacked and a garage with multiple lifts and a loader; current owner is moving so the next owner can have the same opportunities as he and previous owners have had. SFH Tenants are all currently month to month but any and all would be happy to sign annual leases but current owner has not forced as to not encumber the property for next owner.

There are multiple ways to make money in this business and it’s a huge cash cow to the buyer that understands. The land/parcel has been grandfathered in and this site specifically licensed and to our knowledge the State of Florida is not granting more of these licenses. We also have multiple uncleared acres in the back as you will notice in the photos we have a wooded area (back/rear 500 ft). The current allowances are able to stack cars two high and fill the entire area inside the fences.

Owner will hold financing for those that don’t have all the cash to purchase outright so inquire about rate and terms with Broker related to minimums down etc. Creative financing and All Offers will be considered.

Location

State FL

County Marion

Zoning A1

Interior

Cooling Wall/Window Unit(s)

Exterior

Parking Features Other, Over 30 Spaces

Building

Story 1

Foundation Slab

Lot Size Range 5 to less than 10

Structure Type Other

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Lease Option, Lease Purchase, Owner Financing

Listing Terms Cash, Lease Option, Lease Purchase, Owner Financing

Special Listing Condition None

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Stellar MLS
Listed by MCCULLOUGH & ASSOC REALTY INC
Bought with MCCULLOUGH & ASSOC REALTY INC

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Gemma Peterson

Broker/Owner | License ID: NMLS: 2295908 MLO:2121526

+1(407) 242-7758

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