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905 E Cypress Street E, Arcadia, FL 34266

$354,900
3,706
SqFt
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List Price
$354,900
Status
Active
Days on Market
2
MLS#
C7531664
Property Style
Assembly Building
Year Built
1958
Living Area
3,706
Lot Size
56,062
Acres
1.29
Total Acreage
1 to less than 2
Legal Subdivision Name
Villa Rica Pk
MLS Area Major
Arcadia
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+19414450089

Property Description

This attractive site in Arcadia City offers a 1.287-acre lot less than a mile from downtown, featuring a 3,510 SF church (3,706 SF actual building) priced at $354,900. Located on E Cypress St with an AADT of 1,400, the building includes a spacious sanctuary, a fellowship hall with a kitchen, an office, multiple classrooms, and restrooms, along with ample on-site parking. The property may continue to be used as a church, or it could be redeveloped under its R-1B single-family residential zoning, which allows one home per 7,500 SF according to the City of Arcadia Zoning Department. This is an excellent opportunity for a congregation, investor, or residential developer! Seller financing available: 30% down, 6.5% interest, 20-year amortization, and a 3-year balloon. No prepayment penalty. Subject to seller approval.

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Additional Information

Community Features
No Deed Restriction
Zoning
R-1B
Air Conditioning
Central Air
Exterior Construction
Stucco
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
31-37-25-0380-00S0-0010
Legal Description
VILLA RICA PARK LOTS 1 TO 8 INC BLK S OR 113/1018 OR 338/187
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Listing courtesy of COLDWELL BANKER REALTY. 941-639-0090

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