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Commercially zoned but currently used a 3 rental unit property with outbuildings etc. 19,300 AADT from the FDOT site. 1.2 miles from I-75 interchange. New RaceTrac truck stop open, Mcdonald's and other development in the works. This 1.4 acre property is directly on Rt 17. Land value at $6.50 per foot is $395,000. Rental income $2,250(could be higher) monthly to cover the $180,000 for improvements. All rental units are 1 bedroom, 1 bath, kitchen with each having their own entry and front porch. Possibilities abound with older structures, mature trees, bamboo that produces, small creek that runs to the Peace River.
DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT. If interested, there is more info to provide.
Features
Age: Over 50 Years Old
Architecture Style: Other
Building Units: 3
Cooling System: Multi Units
Cooling System: Ductless
Exterior Type: Frame
Legal Description: ZZZ 344023 P8 34 40 23 P-8 1.398 AC. M/L COMM AT INT XN NW/LY R/W AND C/L TIDE CREEK SW SAID R/W 40.52FT FOR POB CONT ALG SAID R/W 126.75FT M/L NW 273.48FT NE 300.38FT TO C/L OF TIDE CREEK SE 36.38FT SE 20.56FT SE 100.03FT SE 55.59FT SE 45.79FT SE 26.34FT L