Address
1802 N Alafaya TRAIL, ORLANDO, FL
Price
$ 4,250,000
Property Attributes
- MLS#O6139714
- TypePending
- CountyORANGE
- CityORLANDO
- AreaOrlando-Alafaya
- NeighborhoodMorningside
- Zip32826
- StyleOffice
- Year Built2005
- Taxes$ 32010
- Price$ 4,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11546
- Lot Size1.76 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Building video link below. Please copy and paste under a new tab. Introducing a highly-profitable and recession-proof business including real estate commercial property offering a unique opportunity to own and operate a thriving CoWorking space, furnished offices rental, and virtual office rentals. This well-maintained property boasts a 100% occupancy rate, guaranteeing a steady cash flow for the discerning investor. The building has been remodeled in 2020 and the co-working space business existed in this building since 2005. New owners and management since 2020. Building is located near Waterford mall, UCF, and east Orlando. Located in a prime location, this property benefits from a high-demand market and a strong reputation within the industry. With a proven track record of success, the CoWorking space and furnished office rentals have established themselves as a preferred choice for professionals and entrepreneurs seeking a flexible working environment. The property features state-of-the-art amenities, including modernized common areas, cutting-edge technology infrastructure, meeting rooms, a fully-equipped kitchen, and ample parking space. The CoWorking space offers a collaborative and vibrant atmosphere that fosters creativity and productivity, while the furnished offices provide a private and professional environment for individuals and teams. In addition, the virtual office rentals cater to those seeking a business address without the need for physical office space. With mail and call handling services, these virtual offices provide a professional image and convenience for remote workers and small businesses. At a over 10% Cap rate, this property presents an exceptional investment opportunity. The current business model is recession-proof, ensuring stability and long-term profitability. With a strong client base and recurring revenue streams, the potential for growth and expansion is significant. Don't miss out on this turnkey solution that offers both passive income and the chance to actively engage in a dynamic and ever-growing industry. Whether you are an experienced investor or a newcomer to commercial real estate, this property represents a sound investment with guaranteed returns. https://youtu.be/70pBTxH3aMY?si=hccE1UR6mvGwfwFC
| Price History | |
|---|---|
| 9/6/2023 | Listed $4,350,000 |
| 3/4/2024 | 3% - $4,250,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Available,Phone Available,Public,Water Connected |
| Roof | Membrane |
| Appliances | Dishwasher,Refrigerator |
| Zoning | P-O |
| Security Features | Closed Circuit Camera(s),Key Card Entry,Security System |
| Construction Materials | Block,Cement Siding |
| Pets Allowed | No |
| Year Built | 2005 |
| Levels | One |
| Property SubType | Office |
| Tax Year | 2022 |
| Percent Ownership | Corporation |
| Business Type | Medical,Professional/Office |
| Business Name | Space 4 Less |
| County | Orange |
| New Construction | No |
| Property Type | Business Opportunity |
| Subdivision Name | MORNINGSIDE |
| Status | Pending |
| Directions | From Orlando take 408 East to Alafaya exit. Go left on Alafaya,go about 1.5 miles and building is located on the left side after crossing East Colonial Dr. |
| ModificationTimestamp | 2024-05-21T21:05:59.213Z |
| City | ORLANDO |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| MLS Area | 32826 - Orlando/Alafaya |
| Lot Size Units | Acres |
| Lot Size Square Feet | 76620 |
| Waterfront Y/N | No |
| Tax Annual Amount | 32010.03 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6139714 |
| Days on Market | 253 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Owner |
| Tax Lot | 1 |
| Legal Description | MORNINGSIDE O/82 LOT 1 BLK B (LESS RD R/W ON E PER OR 4054/0767) |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Flooring | Carpet,Laminate |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Window Features | Aluminum Frames,Blinds |
Exterior Features
| Parking Features | Over 30 Spaces |
|---|---|
| Lot Features | Retention Pond,Sidewalk |
| Water Source | Public |
| Lot Size Area | 1.759 |
| Foundation Details | Block,Slab |
| Number of Buildings | 1 |
| Building Area Total | 11546 |
| Lot Size Acres | 1.76 |
| Road Surface Type | Asphalt |
| Road Frontage Type | Access Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 32826
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 16, 2024 1:51 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
