323 Ronald Reagan Blvd Longwood, FL 32750-4196

Property Details for 323 Ronald Reagan Blvd

Year built

1925

Construction

CONCRETE

Lot size

0.63 lot acres

Property size

124 SF

Property type

Retail space

APN

31-20-30-5AU-0000-0010

APU

3120305AU00000010

Description

This exceptional mixed-use property, located at 323 N Ronald Reagan Blvd in Longwood, Florida, presents a unique investment opportunity. Priced at $3,200,000, this 7,101 square foot building sits on a substantial 32,696 square foot lot, offering significant frontage on the high-traffic Ronald Reagan Blvd (CR 427). The property serves as a gateway to Historic Longwood, benefiting from high visibility and a lighted intersection. Originally built in 1925 and renovated in 2020, the building is zoned High-Intensity TVN, allowing for a variety of redevelopment options. The current structure is significantly underdeveloped, presenting opportunities for expanded retail and restaurant space, with potential for additional residential units. This prime location within the Longwood Historic Center offers easy access to amenities including the Longwood SunRail Station, South Seminole Hospital, and Reiter Park, as well as police and fire stations. The city supports tasteful redevelopment, making this a compelling prospect for investors seeking a high-impact project in a thriving community. This is a rare chance to acquire a landmark property with significant upside potential in a desirable location.