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SOLD: 3192 US HWY 17-92 in Haines City, Florida

$270,000

Haines City, Florida

0.63 Acres

PROPERTY DETAILS

Property Type: Business for Sale, Commercial Development, Multi-Family, Residential Development

Location: 3192 US Hwy 17-92, Haines City, Florida 33844

County: Polk


Located at 3192 US Hwy 17-92 in Haines City, Florida, this .63 acre property consists of two buildings that house 5 units for a combined 4,359 +/- SqFt. Building one is a duplex with 2,111 +/- SqFt while building two is a triplex with 2,248 +/- SqFt.  Zoned Residential Low, this property has frontage on US Hwy 17-92 that has a traffic count of 23,000 cars/day. While there are a few distribution centers and multiple big box retailer within close proximity, the neighborhood consists of both residential and commercial uses. The NOI for this property is $30,972 giving it a cap rate of 10.50%.

Description: While there are a few distribution centers and multiple big box retailer within close proximity, the neighborhood consists of both residential and commercial uses.

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