1065 Broadway St Oviedo, FL 32765

This Oviedo, Florida retail center presents a compelling value-add investment opportunity. Located at 1065 E Broadway St, this single-story, 4,400 square foot building boasts five (5) 100% occupied suites, each approximately 880 square feet, offering flexibility for various tenant needs. Built in 2001 and renovated in 2024, the property features a new roof and updated HVAC systems, minimizing maintenance concerns. The property sits on a 0.58-acre lot and is zoned C-2. Currently generating a strong NOI of $78,549 with a 5.61% cap rate, the investment benefits from short-term month-to-month leases with built-in 5% annual rent bumps and 90-day termination clauses, providing both income stability and operational flexibility. The asking price is $1,400,000, representing a fee simple ownership opportunity. Strong demographics in the area, with an average household income within a 5-mile radius of $111,116, further enhance the investment potential. This property is an ideal choice for investors seeking a well-maintained, income-producing asset with significant upside potential.