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430 College Dr - Blue Way College Park
2,569 - 25,000 SF Office Condo Units Offered at $450,000 - $2,400,000 Per Unit in Middleburg, FL 32068
Investment Highlights
- 18 individual parcels (Bays) encompassing entire 2nd floor
- Opportunity to be owner investor - build out your space lease the remainder
- Own the second floor of this beautiful office building
- Elevator access
- Each bay has individual HVAC and water access
Executive Summary
Seller will hold note with 20% down, Interest only at Prime Rate -Floating for 5 years, Ballooning in year 5. Subject to final offer and agreement. Association Fee: $1.25 per sq foot, paid in quarterly installments. Each parcel/Bay has separate HVAC installed; brick and steel building.
Property Facts
2 Units Available
Unit 200-218
| Unit Size | 25,000 SF | Condo Use | Office |
| Price | $2,400,000 | Sale Type | Investment or Owner User |
| Price Per SF | $96.00 | Sale Conditions | Building in Shell Condition |
| Unit Size | 25,000 SF |
| Price | $2,400,000 |
| Price Per SF | $96.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Sale Conditions | Building in Shell Condition |
Description
18 Suite Parcels - the entire second floor, with elevator access
Large open Steel and concrete building provides maximum flexibility ion suite sizes
Excellent owner use space or add potential tenants
Sale Notes
Seller will hold note with 20% down, Interest only at Prime Rate -Floating for 5 years, Ballooning in year 5. Subject to final offer and agreement.
Association Fee: $1.25 per sq foot, paid in quarterly installments.
Each parcel/Bay has separate HVAC installed
Unit 113 + 115
| Unit Size | 2,569 SF | Condo Use | Office |
| Price | $450,000 | Sale Type | Investment or Owner User |
| Price Per SF | $175.17 | APN/Parcel ID | 35-04-25-008223-020-16, 35-04-25-008223-020-17 |
| Unit Size | 2,569 SF |
| Price | $450,000 |
| Price Per SF | $175.17 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 35-04-25-008223-020-16, 35-04-25-008223-020-17 |
Description
Long-term lease through February 2026. 8% CAP rate on investment
Sale Notes
HOA Fees are $1.25/SF
Amenities
- 24 Hour Access
- Controlled Access
- Wheelchair Accessible
- Direct Elevator Exposure
- Wi-Fi
- Air Conditioning
zoning
| Zoning Code | Commercial (PUD - Office, medical, Call Center) |
| Commercial (PUD - Office, medical, Call Center) |
-
Courtney Smith -
Danielle Gargiulo -
Ryan Cleary - Keller Williams St. Johns
Presented by
Keller Williams St. Johns
430 College Dr - Blue Way College Park
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