5053 SE ABSHIER BLVD BLVD, Belleview, FL 34420
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5053 SE ABSHIER BLVD BLVD, Belleview, FL 34420
5053 SE ABSHIER BLVD BLVD, Belleview, FL 34420
5053 SE ABSHIER BLVD BLVD, Belleview, FL 34420
5053 SE ABSHIER BLVD BLVD, Belleview, FL 34420
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$ 490,000
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5053 SE ABSHIER BLVD BLVD Belleview, FL 34420

3,680 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $133

Subdivision Hls Sub

MLS Listing ID G5111455

HOA Y/N No

Year Built 1977

Annual Tax Amount $5,806

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 100.0 ft x 170.0 ft

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Belleview Plaza presents an exceptional opportunity to acquire a fully leased, multi-tenant neighborhood retail center with stable in-place income and immediate upside potential. The property consists of four units occupied by a complementary mix of service-oriented tenants, making it a resilient asset in a growing Central Florida corridor. The center is currently fully occupied, generating consistent cash flow with a Net Operating Income (NOI) of approximately $32,639 annually. Each unit is separately metered for electric, with tenants responsible for their own usage, while ownership maintains minimal expense obligations, contributing to efficient operations and predictable overhead. A key highlight of this offering is the below-market rental structure, which creates a compelling value-add opportunity for investors. Rental rates can be increased over time to align with market levels, offering the potential to enhance returns and overall asset value without the need for significant capital improvements. Strategically positioned along SE Abshier Blvd, the property benefits from strong local traffic, easy accessibility, and proximity to surrounding residential neighborhoods, supporting long-term tenant stability.

Location

State FL

County Marion

Community Hls Sub

Area 34420 - Belleview

Zoning B-4 REGIONAL BUSINESS

Interior

Heating Electric

Cooling Central Air

Flooring Vinyl

Exterior

Roof Type Built-Up

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Other

Listing Terms Cash, Commercial Financing, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5111455


Stellar MLS
Listed by Monica McDonald EXP REALTY LLC

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5053 SE ABSHIER BLVD BLVD