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>>>> PRICE REDUCED!!! Owner wants offers and is motivated!!! <<<<
The property is situated in a PRIME LOCATION, making it attractive for various business opportunities due to its accessibility and visibility. Located directly on E Irlo Bronson Memorial Highway and less than a 1/2 mile from the Florida Turnpike, the subject property is readily accessible to various local, county, state and interstate highways. Highway 17-92, highway 441, Florida Turnpike, Interstate 4 all pass within several miles of the site and serve as major communication and intra-regional transport routes linking Orlando, Kissimmee, St. Cloud, Melbourne, Tampa and Miami. This area continues to be developed and redeveloped, and the possibilities are promising. Currently there are 8 separate structures that include a single-story motel, several stand-alone apartments and mobile homes. The income is good, with the hotel/motel and additional rental units, and has a great upside potential, but the real value in this property is in the land. The income producing part of this property lies on the front 1 acre while the 1+ acre in the rear remains vacant just waiting to be developed. With a mix of residential and commercial opportunities, it is a versatile area for living, investment or redevelopment. This property presents a significant investment opportunity in a growing area of Kissimmee, Florida.
Features
Age: Over 50 Years Old
Architecture Style: Other
Cooling System: Window Unit(s)
Cooling System: Multi Units
Cooling System: Wall/Window Unit(s)
Exterior Type: Frame
Exterior Type: Block
Legal Description: BEG 186 FT S & 560 FT E OF SW COR SEC 29, N 24 DEG W 336 FT, N 84 DEG E 283.3 FT TO W LINE HWY, SELY ALONG W LINE HWY 350.9 FT, S 84 DEG W 326.3 FT TO POB PART SEC 29 & 32 LESS R/W HWY 441 AKA FRIENDLY VILLAGE INN MOTEL AND MOSS OAKS PB 1 PG 352 BLK C LOT 2