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455 Briar Patch Lane
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PRICED AT ONLY: $4,995,000

Address: 455 Briar Patch Lane, GENEVA, FL 32732

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 owners apartment, a bridal suite, a gentlemens suite, two RV sites, a 20' x 30' two car garage, and a storage trailerproviding 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.
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  • MLS#: O6384158 ( Commercial Sale )
  • Street Address: 455 Briar Patch Lane
  • Viewed: 8
  • Price: $4,995,000
  • Price sqft: $454
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 11000
  • Days On Market: 10
  • Acreage: 7.60 acres
  • Additional Information
  • Geolocation: 28.7241 / -81.1218
  • County: SEMINOLE
  • City: GENEVA
  • Zipcode: 32732
  • Provided by: REAL BROKER, LLC
  • Contact: Tab Bish LLC
  • 855-450-0442
  • mfrmls
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 10800.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: Private Road
  • Sewer: Septic Tank
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Country: US
  • 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
  • Levels: Two
  • Area Major: 32732 - Geneva
  • Parcel Number: 28-20-32-300-010D-0000
  • Zoning Code: G1

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