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Property profile & analytics
OFF-MARKET
Retail space

190 Dogwood St Monticello, FL 32344-1928

2,059 SF 0.04 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
Property ID
US19-0368506
Property summary
AI-generated overview

This exceptional opportunity presents the chance to own a piece of Monticello history. 190 E Dogwood Street, a corner lot retail space (.04 acres) totaling 2,306 square feet, houses the renowned Gellings Floral Design, established in 1934. This nearly century-old business is a beloved local institution, offering a strong existing client base and immediate revenue potential. The property boasts a well-maintained showroom featuring display coolers, high ceilings, a dedicated design area, and a welcoming reception area. Practical features include walk-in coolers and ample storage space, ensuring efficient operations. Included in the sale is a 2006 Chevy Express Van, perfectly suited for deliveries and business needs. The building's prime location at the intersection of Dogwood and Cherry Streets places it directly in the heart of Monticello's downtown area, ensuring high visibility and foot traffic. Detailed financial information for the business is available upon request, allowing potential buyers to thoroughly assess the investment opportunity. This is a unique chance to acquire a thriving business with a rich history and a strong position within the community, combined with a well-located and functional retail space. The property is ready for a new owner to continue its legacy of success.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,059 SF
Lot 0.04 ac (1,917 SF)
APN 00-00-00-0360-0000-0570
UPID US19-0368506
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
Current use
Occupant on record · Public records
  • Gelling’s Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hoenklein Monticello Dogwood LLC · 3 yrs held
Hoenklein Monticello Dogwood LLC
since 2023
Last sale
$150,000
4 recorded transactions
2023
$150,000
2009
$110,000
2005
$75,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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