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This Office Property is no longer advertised on LoopNet.com.

989 W Kennedy Blvd
Orlando, FL 32810

$130k Under Appraised Value | 75% Leased · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
7,104 SF
Building Class
C
Year Built/Renovated
1998/2018
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,552 SF
Building FAR
0.28
Lot Size
0.59 AC
Zoning
C-1
Parking
24 Spaces (3.38 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Air Conditioning
  • Balcony

About 989 W Kennedy Blvd , Orlando, FL 32810

Great value add deal. List price is $130,000 under appraised value. Great opportunity to fill up the three (3) vacant units, raise the under market rents and increase the property value and NOI. UPDATE OCTOBER 29: ONE OF THE 3 VACANT UNITS WAS LEASED AFTER 5 DAYS ON MARKET. NOW ONLY 2 TO GO. AS SUITES ARE BEING LEASED THE PRICE WILL INCREASE CLOSER TO MARKET VALUE. This property was remodeled in 2017-2018 and has little, to no deferred maintenance with the units having new carpet and paint as well as new HVAC units. Newer roof (2009), new and newer HVAC units, New paint on the exterior and interior of the building as well. Great location on a busy road, minutes to I-4, College Park, Downtown Orlando and Winter Park.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-2129-0000-00-067
Land Assessment
$128,387
Improvements Assessment
$937,800
Total Assessment
$1,066,187
  • Listing ID: 17449902

  • Date on Market: 10/14/2019

  • Last Updated:

  • Address: 989 W Kennedy Blvd, Orlando, FL 32810

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