See Home Value
Orlando 32835 Metro West
6401 TIME SQUARE AVENUE #CU18
$856,577*
Multifamily - Off Market

6401 TIME SQUARE AVENUE #CU18

ORLANDO, FL 32835
bedrooms
Studio
bathrooms
0 Bath
square feet
1191 Sqft
$540,000 - $658,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

***CALLING ALL INVESTORS!!!****Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 7.5% **NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE. First 2 years tenant is paying rent at $3,444 per month. After the 2 years, rent increases to $4,300 per month for the remaining 3 years with an additional 5% increase every year. ***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***. This marketplace/cafe is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10,000 residential units, all in close proximity with no other similar business for competition in the residential areas. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price. ***As noted above, this is a personal-guarantee lease for 5 years with option to renew for additional 5 more years. ***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

The manager has listed the unit size as 1191 square feet.
Unit Size
1,191Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$503
Property Type
Multifamily
Property Taxes
$2,027
HOA Dues
$36
Year Built
-

Price History

Date / Event Date Event Price
Oct 8, 2021 No longer available -
No longer available
Jun 25, 2021 Relisted $549,000
Relisted
Jun 12, 2021 No longer available -
No longer available
Aug 23, 2020 Price Decreased $549,000
↓ $50K (8.4%)
Price Decreased
Mar 9, 2020 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,846 ft²
$284/ft²
$525,000 Jan 27, 2024
$525,000 Mar 15, 2024
$732/mo
House
4 Beds
2 Baths
1,959 ft²
$239/ft²
$468,000 Aug 6, 2023
$468,000 Sep 21, 2023
$728/mo
Townhouse
3 Beds
3 Baths
2,369 ft²
$211/ft²
$500,000 Feb 2, 2024
$500,000 Apr 3, 2024
$1,073/mo
House
3 Beds
3 Baths
1,788 ft²
$358/ft²
$640,049 Apr 9, 2022
-
$221/mo
House
3 Beds
3 Baths
1,788 ft²
$364/ft²
$650,099 May 29, 2022
-
$221/mo
House
4 Beds
2 Baths
2,039 ft²
$238/ft²
$485,000 Feb 22, 2024
-
$684/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200220 Unit CU20
02/20/2020
Loft
-
1339 ft²
$3,499
bedrooms
Loft
bathrooms
-
square feet
1339 ft²
-
-
-
-
20191120 Unit CU21
11/20/2019
Studio
-
401 ft²
$1,199
bedrooms
Studio
bathrooms
-
square feet
401 ft²
-
-
-
-
20190619 Unit CU18
06/19/2019
Loft
-
1201 ft²
$649,000
bedrooms
Loft
bathrooms
-
square feet
1201 ft²
-
-
-
Hurchell Williamson
Hampton Realty Group
20190607 Unit CU20
06/07/2019
Studio
-
1339 ft²
$497,000
bedrooms
Studio
bathrooms
-
square feet
1339 ft²
-
-
-
-

Building Info

6401 Time Square Avenue 6401 Time Square Avenue, Orlando, FL 32835
More about this Building
6401 Time Square Avenue
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About Metro West


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