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Property profile & analytics
FOR SALE
Office buildings

1020 Spring Villas Pt Winter Springs, FL 32708

1,216 SF 0.35 ac lot Built 1989
Entity Owned 6-yr Hold Free & Clear
Property ID
US18-9811155
Property summary
AI-generated overview

This exceptional 1,200 square foot office pad, located at 1020 Spring Villas Point in Winter Springs, Florida (zip code 32708), presents a unique opportunity for immediate development. The property, identified by APN 24213050300000030, is zoned C-1 within unincorporated Seminole County and is already entitled for the construction of a 1,200 square foot office building. This significantly reduces the time and cost associated with obtaining necessary permits. The site boasts a convenient location just off Red Bug Lake Road, offering excellent visibility and accessibility. Its proximity to major thoroughfares like Tuskawilla Road, SR 436 (Semoran Blvd), and SR 417 (GreeneWay) ensures easy commutes for employees and clients. The land is "pad ready," meaning that essential infrastructure, including parking and utilities, is already in place. This makes it an ideal location for a variety of professional services, including medical practices and law offices. The asking price for this turnkey opportunity is $150,000. Don't miss this chance to acquire a prime commercial lot in a thriving area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction CONCRETE BLOCKS
Total area 1,216 SF
Lot 0.35 ac (15,400 SF)
APN 24-21-30-503-0000-0030
UPID US18-9811155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1020 Spring Villas Point LLC · 6 yrs held
1020 Spring Villas Point LLC
since 2019
5 recorded transactions
2019
$230,000
2010
$149,600
2008
$284,000
1999
$129,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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