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    280 Washington St Monticello, FL 32344

    For Sale
    $429,000

    Prime Downtown Location, High Traffic Area, 7,659 sq ft

    Property size:
    7,659 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 7,659 square foot commercial property, situated on a 0.25-acre lot at 280 W Washington Street, Unit 280, Monticello, FL, presents a unique investment opportunity. Boasting prominent highway frontage on Hwy 90, this location benefits from high visibility and significant traffic flow. Just 500 feet from the Monticello Courthouse, the property enjoys a strategic position within a thriving commercial district, sharing a shopping strip with established businesses. The interior comprises 13 rooms and 4 separate restrooms, offering considerable flexibility for various commercial uses. A dedicated garage/storage area and a separate north-side entry/exit hallway enhance functionality and convenience. While the current tenant's lease expires March 1, 2025, this sale is for the real estate only

    Property Features for 280 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,659 SF
    Lot Size
    10,890 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Jefferson
    State
    Florida
    Longitude
    -83.87165
    Latitude
    30.5454

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Location, High Traffic Area, 7,659 sq ft
    Where is this commercial real estate located?
    The property is located at 280 Washington St Monticello, FL.
    What is the asking price?
    The asking price for this property is $429,000.
    (850) 997-5516
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    280 Washington St Monticello, FL 32344
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    Monticello, FL 32344
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Washington St Monticello, FL 32344
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