New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
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$800,000

$995,000

19.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,218 SqFt


SOLD DATE : 08/02/2024

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 4,218 sqft

Price per Sqft $189

MLS Listing ID W7860861

Sold Date 08/02/24

Construction Status Financing

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $5,500

Lot Size 0.520 Acres

Acres 0.52

Property Description

With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses.

Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value.

Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.

Location

State FL

County Pasco

Interior

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

Parking Features Parking Spaces - 19 to 30, Over 30 Spaces

Utilities Available Electricity Available

Roof Type Shingle

Building

Lot Description Corner Lot, Oversized Lot, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Financing

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by REALTY ONE GROUP ADVANTAGE
Bought with REAL BROKER, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 440-2868

ceera@ceerahorton.com

8291 Championsgate Blvd, Championsgate, FL, 33896, United States

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