21 N. 7th Street, Haines City, FL
Retail for Sale - $415,000 - 1,960 Sq. Ft. on 0.23 acres
Agent Info
Morris (Bud) Williams |
Property Info
CIMLS# | 1181244 |
Location 21 N. 7th Street Haines City FL 33844 | |
Updated | September 10th, 2025 |
Type | Retail |
Price | $415,000 |
Building | 1,960 Sq. Ft. |
Land | 0.23 acres |
Property Description
This convenience store is located in the downtown Central Business District of Haines City. This investment property provides a Capitalization Rate of 9.79% and has scheduled rent increases in 2026 and 2028. The property has been leased to the same operator for 9 years and the current lease has 6 years remaining. Minutes from Hwy 27. Walking distance to the City Library, City facilities, shopping and medical. See attached Proforma. Call today to preview!
Land, Site, and Tax Information
Financials
Pro Forma
21 N. 7th Street , Haines City, FL 33844
Annually
Rent $45,480 $3,790/mo
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Expenses:
Insurance 2,600
Real Estate Taxes 2,248 Net of 4% discount
Sales & Use Tax 0 Note 1
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Total Expenses 4,848
Operating Income $40,632
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Note: Rent increases to $4,100/mo on 8/1/26.
Rent increases to $4,400/mo on 8/1/28.
Tenant responsible for all interior maintenance and repairs.
Capitalization Rate 9.79% Based on sales Price of $415,000
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Note 1: Effective October 1, 2025, Florida will eliminate the state sales tax on commercial leases. This change was enacted via House Bill 7031, signed into law on June 30, 2025, according to Dean Mead.