726 S Fleming St $4,750,000
- 48,000 sq. ft.
- 0.22 Acres
- Commercial
- MLS# A11329917
Listing provided courtesy of: One Sotheby's International Realty
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Property Details
Rare opportunity to purchase a value-add 48,000 SF shopping center, on 7.1 acres of prime commercial land in Sebastian, Florida. Well maintained, national retail tenants with upside potential at substantially less than replacement cost. Tenants include Family Dollar, JJ Manning Pub, Sebastian Pool & Patio Supplies, Chinese Restaurant and more. Property is on 3 adjacent lots, fronting both Sebastian Blvd. and Fleming Street, in the heart of Sebastian - only 1 mile to Sebastian beaches and I-95. Currently the center has 2 vacancies - A Big Box space of 24,422 which was previously a bowling alley/amusement center and a second smaller space totaling 5,449 allowing a new owner to fill these 2 spaces and gain a significant upside. Upside potential to further develop on the 7.1 acres of surface
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General Features
- Waterfront Y/N false
- Year Built 1992
- Association Y/N false
- Private Pool Y/N false
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Building Features
- Building Area Total 48000
Contact
Neighborhood
32958 (Sebastian) Demographics
58 Median Age
893 Population Density (per sq. mile)
37% College Educated
$53,395 Estimated Median Income
10,264 Estimated Total Home Owners
2,150 Estimated Total Renters
83% / 17% Estimated Owner / Renter Divide
2 Estimated Average Household Size
29,057 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$343,165
Median Sales Price
67
Homes Sold
119
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $4,750,000 |
| 1/23/2023 12:38:00 PM | New Value: $4,750,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
All rights reserved by the Miami MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.