$489,900$226/sqft
7965 FORMOSA VALLEY
Kissimmee, FL
5 beds5.5 baths2,166 sqft
COURTESY OF PREMIER SOTHEBYS INT'L REALTY
$3,500,000
Kissimmee, FL 34741
9,966 SQFT
About this home
Historic retail strip center in the booming Downtown Kissimmee redevelopment area! Comprised of two, 2 story buildings, built in 1910 and 1920. Recent renovations include, new floor is some of the 2nd story office suites, bathroom remodels, 2 HVAC units, newer roof, exterior paint, walking deck on the rooftop. Zoned T5-M which supports retail, restaurants, office, residential above retail and hospitality in the same building and allows vertical development. Second building has an apartment with full kitchen, bathroom currently used as an office. The building has 2 Resturants/Bars on site and a third retail space, currently leased. The CRA has several grants in place for Facade improvement, restaurant buildout, Historic preservation and rooftop activation for bars, patios and events. Reduced parking requirements, shared parking and public garage behind the building. All information must be verified with City of Kissimmee planning and Zoning and the CRA.
Home details
Interior
- Living area
- 9,966 sqft
Property
- Property type
- Commercial Sale
- Year built
- 1910
- Lot size
- 0.16 acres
- Days on market
- 135
- MLS number
- O6389308
Financial
- Annual taxes
- $29,269.85
- Price per sqft
- $351
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