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515 77TH STREET E 10

PALMETTO, FL 34221

MLS#: A4702298

$1,850,000

Status: Active
Listing number: A4702298
Listing provided by: WAGNER REALTY
Listing agent phone: None
Last update: 24 days ago
On site: 24 days ago
Browse Properties
ACREAGE & UNREC - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

15,600

The Lazy Acres MHP is 24 unit MHP situated on 2.25+ acres in Palmetto, FL Palmetto is an easy commute to Tampa/St Petersburg & Sarasota Bradenton. Community has been tied into central utilities and impact fees have been paid in full. *NOTE* Actual square footage of the 24 units has not been measured but MLS requires a number, so the sq ft has been estimated.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.25

  • Lot Size(square feet)

    91,432

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,850,000

  • Tax Amount

    $12,109.76

  • Sq. Footage

    15,600

  • Price/SqFt

    $118

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Manatee

Elementary School

Middle School

High School

Listing Courtesy of Ryan Hoffman , WAGNER REALTY

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Agent Ashley Baillio

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Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


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The Lazy Acres MHP is 24 unit MHP situated on 2.25+ acres in Palmetto, FL Palmetto is an easy commute to Tampa/St Petersburg & Sarasota Bradenton. Community has been tied into central utilities and impact fees have been paid in full. *NOTE* Actual square footage of the 24 units has not been measured but MLS requires a number, so the sq ft has been estimated.

515 77TH STREET E 10

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VUE Realty is pleased to present the opportunity to acquire a net-leased Tire Kingdom property in the growing Tampa Bay/Sarasota corridor. The property is occupied by Tire Kingdom, operated by Mavis Tire Express Services Corp., one of the nation’s largest independent tire and automotive service providers with over 2,000 locations nationwide. Strategically positioned along a major commercial corridor in Palmetto, Florida, this established automotive service center benefits from excellent visibility, strong traffic counts, and a proven operating history serving the surrounding residential and commercial market. The property is offered with a Triple Net (NNN) lease structure, providing investors with passive income and limited landlord responsibilities. Current annual NOI is approximately $95,166 with approximately four years remaining on the existing lease term plus two (2) five-year renewal options. Palmetto continues to experience significant growth driven by its proximity to Sarasota, St. Petersburg, Tampa, Lakewood Ranch, and major employment centers. Continued residential and commercial development supports long-term demand and strengthens the property’s investment fundamentals. Investment highlights include a nationally recognized tenant, predictable cash flow, strong visibility, essential-service retail use, long-term occupancy history, future lease extension options, and location within one of Florida’s fastest-growing markets. An excellent opportunity for investors seeking stable income backed by a well-established automotive retail location. Annual NOI: Approx. $95,166 Lease Type: Triple Net (NNN) Tenant: Tire Kingdom / Mavis Tire Express Services Corp. Lease Term: Approx. 4 Years Remaining + Two 5-Year Options Annual NOI approximately $95,166. Approximately four years remaining on current lease term plus two (2) five-year renewal options. National tenant with established operating history. Excellent visibility, strong traffic counts, and strategic location within the Tampa Bay/Sarasota growth corridor.
#A4694210

PALMETTO

1429 10TH STREET E

None Beds

None Baths

8,400 Sq.Ft.

$1,600,000

MLS#: A4694210

- property

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