About This Home
This 0-bedroom, 0-bathroom commercial at 5053 SE ABSHIER BLVD in Belleview, FL is listed for $480,000. Built in 1977, on a 0.39 acres lot.
Key Features
- Built in 1977
- 0.39 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$2,567/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5053 SE ABSHIER BLVD
Belleview, FL 34420
HLS SUB
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5053 SE ABSHIER BLVD is listed at $480,000. The estimated monthly payment is $2,567 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1977, 0.39 acre lot.
This property is listed by Monica McDonald and can be reached at 3522508681.