15217 Us Highway 19, Hudson, FL 34667

$499,000
1,311
SqFt

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List Price
$499,000
Status
Active
Days on Market
43
MLS#
TB8520383
Property Style
Business
Year Built
1977
Living Area
1,311
Lot Size
15,000
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Gulf Side Estates Second Add
MLS Area Major
Hudson/Bayonet Point/Port Richey

Property Description

A premier, fully-occupied passive investment opportunity in Hudson, Florida. This 0.34 acre site features a 1,311 SF building with a two-bay automotive service garage. The property features 100 feet of direct US-19 frontage (40,000 AADT) and has a dedicated turn lane. The asset is secured by a 7-year absolute NNN lease (through November 2032), leaving the landlord with zero expense obligations as the tenant covers all taxes, insurance, and maintenance. Featuring an annual NOI of $42,000 (year 1) with 3% annual increases and priced at an 8.42% CAP rate, this is a prime passive investment opportunity along a major Florida growth corridor.

Additional Information

Taxes Annual
$1442
Community Features
No Deed Restriction
Zoning
C2
Air Conditioning
Office Only
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Garage Features
Secured
Flood Zone Code
AE
Parcel ID
23-24-16-0010-00000-00A0
Legal Description
GULF SIDE ESTATES SECOND ADD PB 6 PG 148 PORTION OF LOT A & TOGETHER WITH PORTION OF NW1/4 OF SW1/4 OF SEC ALL DESC AS COM MOST ELY COR LOT A TH ALG N LN LOT A AKA S LN OF NW1/4 OF SW1/4 OF SEC N89DG 57' 24"W 157.18 FT FOR POB TH PARALLEL WITH SWLY LN OF LOT A S50DG 26' 56"E 121.27 FT TO SELY LN OF LOT A TH ALG SAID SELY LN S39DG 33' 04"W 100.00 FT TO MOST SLY COR LOT A TH N50DG 26' 56"W 150.00 FT TO MOST WLY COR LOT A TH ALG NWLY LN OF LOT A & ITS NELY EXTENSION N39DG 33' 04"E 100.00 FT TH S50DG 26' 56"E 28.73 FT TO POB AKA PCL NO 2 & PCL NO 3 OR 1239 PG 1703 OR 1360 PG 1378 OR 9405 PG 2424 OR 9623 PG 2715

Listing courtesy of SAUNDERS REAL ESTATE, LLC. 863-648-1528

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