323 Ronald Reagan Blvd Longwood, FL 32750-4196
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.