121 Green StPerry, FL 32347

  • Mixed-use properties
  • 6,788 SF
For Sale
$1,700,000 View listing

Property Details for 121 Green St

Year built
1914
Construction
WOOD
Lot size
0.13 AC
Property size (Sq ft)
6,788 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
24-04-07-03576-000
APU
24040703576000

Description

This exceptional investment opportunity encompasses a diverse portfolio of ten properties in Perry, Florida, strategically located within a four-mile radius. Seven commercial properties are situated in the historic downtown area, with six currently boasting solid, lease-holding tenants. The portfolio includes a mix of property types, sizes, and uses, offering significant income generation potential. Key assets include a fully renovated ice cream shop/cafe (2,545 sq ft), a large, updated retail/office/residential building (7,253 sq ft), an eight-unit efficiency apartment complex (with recent updates), and a substantial warehouse (5,466 sq ft) on a 2.93-acre lot. Three vacant properties present redevelopment opportunities: a former movie theater (8,445 sq ft on .89 acres), a large downtown building (2,350 sq ft), and another commercial building (8,445 sq ft). A leased residential rental property adds further diversification to this compelling investment package. The portfolio is offered as a whole, or individual properties may be purchased separately. Detailed financial and lease information will be provided to qualified buyers upon execution of a non-disclosure agreement. Proof of funds or pre-approval is required for property tours. All offers must be submitted in writing. This is a rare chance to acquire a substantial, income-producing real estate portfolio in a growing Florida market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,589,172
    6.5%
    $1,466,928
    7%
    $1,362,148
  • Comparable approach

    Method
    Valuation
    Relative Method
    $747,966
    Geo Method
    $747,966
  • Alternative Use

    Use
    Valuation
    Residential
    $1,466,928
    Hospitality
    $1,343,698
    Educational
    $1,117,941
    Medical
    $1,156,389
    Retail
    $1,739,020
121 Green St, Perry, Florida

Location Insight

City
Perry
County
Taylor
State
Florida
Latitude
30.1169
Longitude
-83.5814

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,400
$12,650
$72,220
$84,870
-
$12,650
$72,220
$84,870

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