10,800 SqFt
10,800 SqFt
Key Details
Property Type Commercial
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $462
MLS Listing ID O6384158
HOA Y/N No
Year Built 2022
Annual Tax Amount $12,831
Lot Size 7.600 Acres
Acres 7.6
Property Sub-Type Agriculture
Source Stellar MLS
Property Description
With nearly **$1.48 million in immediate tax savings** available to buyers in the highest tax bracket, this property delivers an extraordinary opportunity for income-rich investors seeking both powerful tax efficiency and a highly adaptable, income-producing asset. Currently operating as a thriving event center, it includes an on-site two-bedroom owner's apartment, a bridal suite, a gentlemen's suite, two RV sites, a 20' x 30' two-car garage, and a storage trailer—providing everything needed for seamless operations or expanded revenue streams. Venue has a private two bedroom residence, bridal suite, 5 plus bathrooms and three bedrooms total. Recent G1 zoning change allows for outdoor events without a permit from Seminole County and the ancillary benefit of being a member of the Agritourism Association, all from planing a small pecan orchard.
The pro forma reflects a **5% return**, and the flexible layout makes the property ideal for a wide range of uses, including weddings, community services, education, corporate retreats, or specialty commercial operations. While the accelerated depreciation benefits are finite, they are exceptionally robust, and the long-term fundamentals are equally compelling. Property values in this market have risen **164% over the past decade**, underscoring strong appreciation potential.
Location
State FL
County Seminole
Area 32732 - Geneva
Zoning G1
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available Public
Building
Entry Level Two
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Metal Frame
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6384158
Nearby Locations
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