545 Avenue K Se, Winter Haven, FL 33880

Description

The Subject property is owned in Fee Simple, but is a part of the Cypress Square Professional Center Owner's Association. There are mandatory monthly maintenance fees. It is limited to professional use. No retail is permitted. It is not a condominium, but offices share common parking areas, ingress, and egress. It is located in one of Winter Haven's prime professional areas. The subject property consists or two separate office suites - each with its own private central AC & Heating systems, and private entrance. However, it is designed so that it can be one large office suite. Both leases expire in Dec. 2023. . The owner offers a purchase money mortgage for a qualified buyer with 20% down, amortized at 5.9% for 15 to 25 years. Any mortgage to a corporation would require a personal guarantee. Current rent is $2,700/ month . The listing agent is the Trustee/Owner of the property. The property is subject Covenants & Restrictions as recorded in Polk County O.R. Book 1983, Page 836, and as Amended in O.R. Book 2105, Page 1922. Monthly maintenance fee is $249.75, which includes grounds maintenance and some building insurance. 24 hour notice is required to show the rented suite.

Listed by Jimmy Durham, .