Commercial property in Geneva, Florida 1003.34 sq.m. № 2330726

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Commercial property in Geneva, Florida 1003.34 sq.m. № 2330726
ID2330726 $ 4 995 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2330726

Property description

**AMAZING EVENT CENTER, WEDDING VENUE, GOVERNMENT COMMUNITY CENTER, SCHOOL, OR CORPORATE RETREAT CENTER** With nearly **$1.48 million in immediate tax savings** available to buyers in the highest tax bracket, this property delivers an extraordinary opportunity for income-rich investors seeking both powerful tax efficiency and a highly adaptable, income-producing asset. Currently operating as a thriving event center, it includes an on-site two-bedroom owner’s apartment, a bridal suite, a gentlemen’s suite, two RV sites, a 20' x 30' two-car garage, and a storage trailer—providing everything needed for seamless operations or expanded revenue streams. Venue has a private two bedroom residence, bridal suite, 5 plus bathrooms and three bedrooms total. Recent G1 zoning change allows for outdoor events without a permit from Seminole County and the ancillary benefit of being a member of the Agritourism Association, all from planing a small pecan orchard. The pro forma reflects a **5% return**, and the flexible layout makes the property ideal for a wide range of uses, including weddings, community services, education, corporate retreats, or specialty commercial operations.
While the accelerated depreciation benefits are finite, they are exceptionally robust, and the long-term fundamentals are equally compelling. Property values in this market have risen **164% over the past decade**, underscoring strong appreciation potential.
MLS #: O6384158
Contact the seller
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CityGeneva
Address455 BRIAR PATCH LANE
TypeCommercial property
Living space1003.34 m²
  • sq. ft
Completion dateIV quarter, 2022
Price
  • Price
  • per m²
$ 4 995 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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