PORT RICHEY, FL 34668

Property

Ownership: Fee Simple
Type: Retail
Lot Size: 0.5 Acres

Financials

Price:$975,000
Annual Taxes:$6,430.21
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of THE ELITE REALTY EXPERIENCE

Prime investment opportunity to acquire a fully occupied commercial plaza in Pasco County, Florida.

Description

Prime investment opportunity to acquire a fully occupied commercial plaza in Pasco County, Florida. The property consists of six units, with one established tenant occupying three units and expressing interest in expanding into additional space. This asset requires no immediate capital improvements, featuring a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed two months ago). Current effective NOI is $65,000, with below-market rents in place, presenting a strong value-add opportunity for increased revenue.

Amenities

  • Bb Hs Internet Capable
  • Electricity Available
  • Phone Available
  • Public

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.