870 N Banana River Drive, Merritt Island, FL 32952 (MLS# 765633)


$1,700,000
870 N Banana River Drive
Merritt Island, FL 32952
MLS# 765633
26900 sqft


870 N Banana River Drive, Merritt Island, FL 32952
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870 N Banana River Drive, Merritt Island, FL 32952

Property Description
Currently 85% occupied. Good signage and visibility from the street. Large parking lot. Current Income $121000 Bring offers. Motivated Seller

Details
Maps
Address Information
Tax Acct: 2437360
Tax ID: 24-37-30-00-00259.0-0000.00
Street #: 870
Street Dir: N
Street Name: Banana River
Street Suffix: Drive
State/Province: FL
Area: 251 - Central Merritt Island
Subdivision/Condo Name: None
Res Sub-Type: Commercial
Listing Information
List Price: $1,700,000
Current Price: $1,700,000
Listing Date: 2016-09-30
County: Brevard
Zip Code: 32952
Year Built: 1970
# of Units: 7
Clear Ceiling Height: 26900
Acreage: 2.55
Waterfront: No
Tax & Legal
Current Zoning: BU-1
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Use Code: 11 / STORES, ONE STORY
Tax Year: 2015
Real Estate Taxes: 19007.1
Legal Desc: PART OF GOVT LOTS 2, 3 & 4 AS DESC IN ORB 1098 PGS 964 & 966 EXC ORB 5375 PG 4611
Condo: No
Status Change Info
Status: Active
Proforma
Gross Sched Income: 156840
Source of Expenses - Owner: 43660
Expenses
Insurance: 3348
R.E. Taxes: 18295
Trash: 774
Utilities: 2430
Miscellaneous: 8590
Tenant Pays
Gas: 1
Property Features
Construction: CBS; CBS
Location: Shopping Center
Sale Includes: Building & Land
Available Info: Copies of Lease; Survey
Flooring: Carpet; Vinyl
Cooling: Central Individual; Gas
Heating: Central Individual; Gas; Heat Strip
Fire Protection: Sprinkler - Fire
Special Info: Corporate Owned
Utilities: 1 - 100 Amp; 101 - 200 Amp; 201+ Amp; 220 Volts; Gas - Natural Gas; Public Sewer; Public Water; Separate Meter
Roof: Comp Rolled
Current Lease: 1 - 3 Years; 4 - 6 Years
Tenant Pays: AC Main; Common Area Maint.; Electric; Electric; Repairs; Repairs; Sewer; Sewer; Water; Water
Possession: At Closing

Listing Office: Curri Properties

Last Updated: October - 09 - 2019

870 N Banana River Drive, Merritt Island, FL 32952 - MLS# 765633

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Monday 21st of October 2019 08:15 AM