With nearly $1.48 million in immediate tax savings available to buyers in the highest tax bracket, this property offers an exceptional opportunity for income-rich investors seeking both powerful tax efficiency and a versatile, income-producing asset. Currently operating as a thriving event center, the property features 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. The pro forma reflects a 5% return, and the flexible layout makes it ideal for use as a wedding venue, church, private school, retreat center, or specialty commercial facility. 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. This rare combination of significant tax savings, operational versatility, and proven market growth makes this a standout investment opportunity.elling for high-income buyers looking to maximize both near-term and long-term financial outcomes.
- Age: 1-5 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Frame
- Legal Description: SEC 28 TWP 20S RGE 32E E 1/2 OF NW 1/4 OF SW 1/4 OF NE 1/4 & BEG SW COR OF E 1/2 OF NW 1/4 OF SW 1/4 RUN S 123 FT S 21 DEG 38 MIN 54 SEC W 222.68 FT E 32.01 FT N 51 DEG 32 MIN 29 SEC E 483.89 FT E TO WLY R/W OVIEDO-GENEVA RD N 30 FT W TO BEG
- MLSID: O6384158