$360,000
$375,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1,950 SqFt
SOLD DATE : 05/02/2023
Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $184
Subdivision Wilroy Heights Rep
MLS Listing ID P4919326
Sold Date 05/02/23
Condo Fees $205
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $2,863
Lot Size 4,791 Sqft
Acres 0.11
Property Description
The Subject property is owned in Fee Simple, but is a part of the Cypress Square Professional Center Owner's Association. There are mandatory monthly maintenance fees. It is limited to professional use. No retail is permitted. It is not a condominium, but offices share common parking areas, ingress, and egress. It is located in one of Winter Haven's prime professional areas. The subject property consists or two separate office suites - each with its own private central AC & Heating systems, and private entrance. However, it is designed so that it can be one large office suite. Both leases expire in Dec. 2023. . The owner offers a purchase money mortgage for a qualified buyer with 20% down, amortized at 5.9% for 15 to 25 years. Any mortgage to a corporation would require a personal guarantee. Current rent is $2,700/ month . The listing agent is the Trustee/Owner of the property. The property is subject Covenants & Restrictions as recorded in Polk County O.R. Book 1983, Page 836, and as Amended in O.R. Book 2105, Page 1922. Monthly maintenance fee is $249.75, which includes grounds maintenance and some building insurance. 24 hour notice is required to show the rented suite.
Location
State FL
County Polk
Community Wilroy Heights Rep
Zoning RP
Direction SE
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Exterior
Utilities Available Natural Gas Available, Water Connected
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Ownership Sole Proprietor
Monthly Total Fees $205
Acceptable Financing Private Financing Available
Listing Terms Private Financing Available
Special Listing Condition None
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Bought with TOWN & COUNTRY REAL ESTATE