1847 S Patrick Drive, Indian Harbour Beach, FL 32937
$950,000
Property Type:
Commercial Sale
Square Footage:
18,033
Lot Size (sq. ft.):
93,654
Status:
Closed
Current Price:
$950,000
List Date:
8/17/2016
Last Modified:
11/01/2024
Description
Excellent commercial location in Indian Harbor Beach. Over 18,000 sf building, 8,740 is currently operating as hardware store. 9,283 feet comprise seven rental units varying from 1000-2600 sf. 324 feet of South Patrick frontage. Property also consists of 11,427 sf of open storage building and 1600 sf enclosed concrete block storage building. 35-40 leased RV/Boat storage spaces that could be expanded to 52. Please do not disturb tenants, agent must accompany, by appointment only. Dollar General recently sold for over 2 million less than half mile away.
More Information MLS# 718901
Location, Tax, and Legal
Tax Account: 2712606
Parcel Number: 27-37-11-00-00268.0-0000.00
General County Location: South
Tax Annual Amount: 16857.47
Tax Year: 2016
Tax Legal Description: PART OF SE 1/4 OF NW 1/4 AS DES IN ORB 740 PG 329 PAR 273
Directions: From State Road 518 (Eau Gallie Causeway) take South Patrick Drive north
to 1847 (South Patrick Hardware)no sign on property for brokerage
General Property Information
Number Of Units Total: 7
Stories Total: 1
Building Area Total: 18033
Lot Size Acres: 2.15
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 88.73
Sold Price/SqFt: 52.68
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Excellent commercial location in Indian Harbor Beach. Over 18,000 sf building, 8,740 is currently operating as hardware store. 9,283 feet comprise seven rental units varying from 1000-2600 sf. 324 feet of South Patrick frontage. Property also consists of 11,427 sf of open storage building and 1600 sf enclosed concrete block storage building. 35-40 leased RV/Boat storage spaces that could be expanded to 52. Please do not disturb tenants, agent must accompany, by appointment only. Dollar General recently sold for over 2 million less than half mile away.
Construction Materials
Block: 1
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Vinyl: 1
Other: 1
Heating
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
New Taxes Expense: 18900
Roof
Tar/Gravel: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 10
Fenced: 1
Outside Storage: 1
Public Restroom: 1
Rear Access: 1
Separate Office Area: 1
Ceiling Type
Acoustic: 1
Location
Shopping Center: 1
Sale Includes
Building & Land: 1
Business Only: 1
Contingency Reason
Other: 1
Historical Information
Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Proforma-Vacancy Rate: 20
Contract Information
Current Price: $950,000
Original List Price: 1900000
Sold Price: $950,000
Status: Closed
Listing Contract Date: 2015-02-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 1847
Street Direction Prefix: S
Street Name: Patrick
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T09:27:44Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-06-30T19:56:26Z
Status Change Timestamp: 2017-01-05
Contingency: Active Under Contract
Purchase Contract Date: 2016-09-30
Close Date: 2017-01-05
Close Price: 950000
Property Features
Building Features: Fenced; Outside Storage; Public Restroom; Rear Access; Separate Office Area
Ceiling Type: Acoustic
Construction Materials: Block; Frame; Stucco
Cooling: Central Air; Electric; Heat Pump
Current Use: Commercial
Flooring: Carpet; Vinyl; Other
Heating: Electric
Listing Terms: Cash; Conventional; Lease Option
Location: Shopping Center
Possession: Close Of Escrow
Roof: Tar/Gravel
Sale Includes: Building & Land; Business Only
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Corporate Owned
Water Source: Public
Contingency Reason: Other
Listing Office:
One Sotheby's International
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.