South Pasadena Mixed-Use Property
Description
This South Pasadena mixed-use property offers a rare opportunity to invest in a high-visibility corner location in South Pasadena, FL. The asset combines commercial and residential uses on one site, which supports diversified income. Moreover, strong daily traffic flow enhances exposure and long-term demand.
Site and Building Summary
The property includes approximately 2,800 square feet of gross leasable area on a well-positioned lot. It features multiple units with separate uses, which adds flexibility for leasing and future planning. In addition, the single-story layout improves accessibility for both customers and residents.
Parking is ample, with multiple on-site spaces that support the commercial component. As a result, daily operations remain convenient and efficient.
Commercial Component
The commercial portion consists of two connected retail or office units. These spaces allow flexible configurations, which suit a wide range of uses such as professional services, boutique retail, medical, or food concepts. Furthermore, strong frontage and corner positioning improve signage visibility and curb appeal.
Because of this adaptability, the commercial space appeals to both investors and owner-users.
Residential Component
The residential unit was extensively renovated between 2023 and 2024. Updates include major systems and interior finishes, which create a move-in-ready living space. Consequently, the unit functions well as supplemental rental income or on-site occupancy.
This residential element adds stability and broadens the buyer pool.
Investment Appeal and Upside
Occupancy currently allows room for value creation through lease-up or repositioning. Seller financing is available, which may enhance acquisition flexibility. Additionally, the corner lot configuration supports potential redevelopment, subject to local approvals.
Overall, this property aligns well with investors seeking income, visibility, and future upside in South Pasadena.
Key Highlights
• Mixed-use configuration with commercial and residential income
• High-visibility corner location in South Pasadena, FL
• Renovated residential unit with modern systems
• Flexible commercial layouts for multiple uses
• On-site parking enhances tenant and customer access
• Seller financing available for qualified buyers
Address
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Address South Pasadena, FL
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Country United States
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Province/State Florida
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City/Town South Pasadena
Overview
- Property ID 14743
- Price $850,000.00
- Property Type Business, Retail
- Property status Sale
- Size 2,800 SqFt
- Lot Area 0.2 acres
- Occupancy 50%
- Price Per Sqft $304
- Seller Financing Yes
- Gross Leaseable Area 2,800
- Units 3
- Tenancy Multiple
- Floors 1
- Parking Spots 10
- Year Last Renovated 2023-2024
- Pro Forma Cap Rate 7.28
