Two-Building Mixed-Use
7805 S Florida, Floral City, FL 34436
For Sale
New
$338,000
A retail and automotive configuration combines with a separate small commercial building and trail-side frontage.
Property Size3,229 SF
Lot Size0.20 Acres
Price / SF$104.68
Days on Market2
Property Features for 7805 S Florida
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Road Access
Automotive Uses
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
newer metal roof
upgraded 200-amp electrical service and panel
direct rear frontage along Withlacoochee State Trail
Building Details
Building Size
Year Built
Year Renovated
Buildings
Construction
Tenancy
Listed By:
LaWanda Watt
(352) 212-1989
Source:
Elliman
Added: Nov 6
Last Checked: Nov 6 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LaWanda Watt
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Investment Insights
Based on property information with market context.
Two buildings totaling approximately 3,229 SF occupy ±0.20 acres in Floral City. The main concrete block structure contains two units: approximately 1,570 SF of retail space and approximately 1,209 SF of automotive or mechanical space. A detached 450 SF building adds separate retail or office area. Improvements include a newer metal roof and upgraded 200-amp electrical service and panel; the former flower shop space was remodeled in 2008.
The property has visibility along South Florida Avenue and rear frontage on the Withlacoochee State Trail. Its existing mix of retail, automotive/mechanical, and office space offers varied commercial configurations.
The property has visibility along South Florida Avenue and rear frontage on the Withlacoochee State Trail. Its existing mix of retail, automotive/mechanical, and office space offers varied commercial configurations.
Key Highlights
- Two buildings totaling approximately 3,229 SF on ±0.20 acres
- Main building has two units totaling approximately 2,779 SF
- Retail space measures approximately 1,570 SF; automotive/mechanical space is approximately 1,209 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,023
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,460
$620.5K
Cap Rate 7%
$443,186
$443.2K
Cap Rate 9%
$344,700
$344.7K
Market Conditions
NOI Build-Up for 3,229 SF
Gross rent
$48.4K $15.00/SF
− Vacancy
−$4.1K −$1.28/SF
EGI
$44.3K $13.73/SF
− OpEx
−$13.3K −$4.12/SF
NOI
$31.0K $9.61/SF
Area
Citrus County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,460
Cap Rate 7%
$443,186
Cap Rate 9%
$344,700
Alternative Uses
Best Use
Retail
$443.2K
$387.8K – $517.1K
NOI $31,023 @ 7.0% cap · market cap 9.18%
Second Best
Mixed Use
$432.0K
$378.0K – $504.0K
NOI $30,242 @ 7.0% cap · market cap 8.95%
Theoretical Best
Specialty Retail
$725.5K
$634.9K – $846.5K
NOI $50,788 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
2,744 visits/mo
0.1 miles
Capital City Bank
Shops & Services
738 visits/mo
0.2 miles
Demographics for 34436, FL
7,901
Population
4,740
Households
1.7
Avg Household Size
58
Median Age
15%
College-Educated
88%
High-School Grad
55.1 sq mi
ZIP Area
143
Density / Sq Mi
$50,139
Median Household Income
$33,886
Median Earnings
$715
Median Rent
$201,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A retail and automotive configuration combines with a separate small commercial building and trail-side frontage.
Where is this mixed-use property located?
The property is located at 7805 S Florida Floral City, FL.
What is the asking price?
The asking price for this property is $338,000.
What are key features of this property?
This property features: Two buildings totaling approximately 3,229 SF on ±0.20 acres; Main building has two units totaling approximately 2,779 SF; Retail space measures approximately 1,570 SF; automotive/mechanical space is approximately 1,209 SF
