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5053 Abshier Blvd Boulevard, BELLEVIEW, FL 34420
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  • MLS#: G5111455 ( Commercial Sale )
  • Street Address: 5053 Abshier Blvd Boulevard
  • Viewed: 3
  • Price: $490,000
  • Price sqft: $133
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 3680
  • Days On Market: 7
  • Additional Information
  • Geolocation: 29.0613 / -82.0644
  • County: MARION
  • City: BELLEVIEW
  • Zipcode: 34420
  • Subdivision: Hls Sub
  • Provided by: EXP REALTY LLC
  • Contact: Monica McDonald
  • 888-883-8509
  • mfrmls
  • DMCA Notice
  • Description
    Belleview Plaza presents an exceptional opportunity to acquire a fully leased, multi tenant neighborhood retail center with stable in place income and immediate upside potential. The property consists of four units occupied by a complementary mix of service oriented tenants, making it a resilient asset in a growing Central Florida corridor. The center is currently fully occupied, generating consistent cash flow with a Net Operating Income (NOI) of approximately $32,639 annually. Each unit is separately metered for electric, with tenants responsible for their own usage, while ownership maintains minimal expense obligations, contributing to efficient operations and predictable overhead. A key highlight of this offering is the below market rental structure, which creates a compelling value add opportunity for investors. Rental rates can be increased over time to align with market levels, offering the potential to enhance returns and overall asset value without the need for significant capital improvements. Strategically positioned along SE Abshier Blvd, the property benefits from strong local traffic, easy accessibility, and proximity to surrounding residential neighborhoods, supporting long term tenant stability.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Vinyl
  • Living Area: 0.00
  • Roof: Built-Up
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Road Frontage Type: City Street, Highway, State Road
  • Sewer: Public Sewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 32639.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: Lengthy, in office.
  • Levels: One
  • Area Major: 34420 - Belleview
  • Occupant Type: Tenant
  • Parcel Number: 3742-000-035
  • Zoning Code: B-4 REGIONAL BUSINESS
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Details for 6040 Front Road, BELLEVIEW, FL 34420
$474,999.00 ($144.33 / sqft )

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  4. mfrmls
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  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com