2825 Waldens Pond Cove, Longwood, FL 32779

$1,100,000
2,393
SqFt
List Price
$1,100,000
Status
Active
Days on Market
13
MLS#
T3404226
Property Style
Multi-Family
Year Built
1987
Living Area
2,393
Lot Size
42,531
Acres
0.98
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Mandarin Sec 7
MLS Area Major
Longwood/Wekiva Springs

Property Description

Long term fully operating ALF in located Longwood, FL. This is a fully seasoned, turn-key business that has been in operation since 2017. Located in an upscale residential neighborhood where homes are selling for an average $202/Sq Ft, this is a great opportunity for an own-occupant or Investor. Owner has received approval from the City to add an additional four beds to this facility. Plans are available. • 6-bed facility with plans in place for expansion to 10-beds • 3 Adult Day Care License • 2,393 Total Living Sq Ft • 1-Acre MOL • Year Built: 1987 • Newer Roof: 2017 • Close to I-4 and SR 434 Steady and reliable annual income: • $216,840 Gross Revenu (2022 Annualized) • $90,438 NOI (2022 Annualized) Up to additional $78,000 Gross Revenue expected from three Adult Day Care residents, estimated at $100/day/resident, 5-days per week occupancy.

Additional Information

Taxes
$4751
Community Features
No Deed Restriction
Zoning
A-1
Floor
Ceramic Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Utilities
Emergency Power, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
24-20-29-504-0000-2320
Legal Description
LOT 232 MANDARIN SEC 7 PB 33 PGS 14 & 15

Mortgage Calculator

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Calculator source: Real Geeks

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