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    38 300Th Ave Old Town, FL 32680

    Sponsored
    For Sale
    $450,000

    High-Visibility Hwy 19 Location, Endless Potential

    Property size:
    924 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 924 sq ft mixed-use property in Old Town, Florida, is situated on US Hwy 19, offering exceptional visibility and accessibility. Built in 1970, the property features two units and sits on a lot with dimensions not specified in the provided information. The asking price is $450,000. Key features include a gated entry, a substantial 60x60 shop, a fully covered well-house, and a large storage shed, all equipped with 200-amp electrical service. The ample space is suitable for heavy equipment or boat/RV storage. Previously used as a commercial kitchen and boutique/food novelty shop, this versatile property presents diverse possibilities for various businesses, including but not limited to restaurants, cafes, bistros, mechanic shops, or storage facilities. The property's prime location and existing infrastructure provide a strong foundation for generating both active and passive income streams. The property's address is 38 NE 300th Street, Old Town, FL 32680.

    Property Features for 38 300Th Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    924 SF

    Building Details

    Year Built
    1970
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Town
    County
    Dixie
    State
    Florida
    Longitude
    -83.0576156
    Latitude
    29.5844034

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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility Hwy 19 Location, Endless Potential
    Where is this mixed-use property located?
    The property is located at 38 300Th Ave Old Town, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    38 300Th Ave Old Town, FL 32680
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    Old Town, FL 32680
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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
    38 300Th Ave Old Town, FL 32680
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