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  • MLS#: 1218521 ( Residential Lease )
  • Street Address: 486 Lpga Boulevard
  • Viewed: 36
  • Price: $250,000
  • Price sqft: $99
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 2515
  • Total Baths: 4
  • Days On Market: 113
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486 Lpga Boulevard
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PRICED AT ONLY: $250,000

Address: 486 Lpga Boulevard, Holly Hill, FL 32117

Would you like to sell your home before you purchase this one?

Description
Prime Investment Opportunity Established Commercial Duplex Seize this rare opportunity to acquire a proven income producing property in a high traffic commercial corridor. This unique 0.34 acre commercial duplex, zoned CC 1 (Commercial Corridor District), offers the flexibility of two established business spaces under one roof a turnkey setup for maximizing returns. The solid concrete construction building is divided into two distinct spaces, with a former restaurant on one side complete with all kitchen equipment and fixtures, and a former office space on the other side including all furniture. This property presents an exceptional investment opportunity with immediate dual income potential. Lease both sides to different tenants and diversify your risk, or occupy one space while generating income from the other. While the building shows its age, this creates a value add opportunity for the savvy investor. You can lease as is at competitive rates to attract tenants quickly, make targeted improvements to command premium rents, or even redevelop to maximize the property's highest and best use. The versatile layout includes a restaurant side with a full commercial kitchen ready for food service, caf, bakery, or retail conversion, while the office side is perfect for medical, legal, insurance, real estate, or other service based businesses. Centrally located with excellent visibility and access to major thoroughfares, the CC 1 zoning permits numerous high demand commercial uses including retail sales, restaurants and cafes, professional offices, personal services such as salons and fitness centers, and various commercial and business services. Whether you're a seasoned investor looking to expand your portfolio or a first time commercial buyer seeking steady cash flow with room to add value, this established property in Holly Hill delivers opportunity. The bones are solid, the location is proven, and the potential is yours to unlock. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
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Features
Building and Construction
  • Flooring: Carpet
Garage and Parking
  • Parking Features: Guest, Valet
Eco-Communities
  • Pool Features: Heated, In Ground
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Sewer Available
Amenities
  • Association Amenities: Elevator(s), Fitness Center
Other Features
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Heater, Water Purifier, Water Softener
  • Furnished: Unfurnished
  • Legal Description: ROYAL AMBASSADOR CONDO UNIT 504
  • Parcel Number: 494319CC0500
  • Unit Number: 504
  • Views: 36
Owner Information
  • Owner Pays: Association Fees, Cable TV, Pest Control, Pool Maintenance, Sewer, Trash Collection, Water
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