1101 W Florida Ave, Hemet, CA 92543
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1101 W Florida Ave Hemet, CA 92543

$699,900
  • -- Beds
  • -- Baths
  • 3,804 Sq.Ft.
For Sale
$699,900 Get Pre-Qualified

Property Overview: 1101 W Florida Ave Hemet, CA has -- bedrooms, -- bathrooms, 3,804 living square feet and 13,939 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This commercial lot spans an impressive 13,939 square feet, featuring a single structure thoughtfully divided into three lease-able spaces totaling 3,804sf on Hemet’s busiest street. ROI Potential: Leasing all spaces at market value offers significant upside. Buyer to assume existing tenant currently on a month to month term. Tenant is aware of sale, please do not disturb. Property is being sold as-is.

Listed by Maurice Johnson | BRE #02072509 | West Shores Realty, Inc.
Last checked: 8 minutes ago | Last updated: August 12th, 2024 | Source CRMLS | DOM: 186
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Home details

Lot Sq. Ft
13,939
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Retail
Status
Active
MLS#
SB24050204
City
Hemet
County
Riverside
Time on Site
190 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1101 W Florida Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 442100010
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Florida Ave to Hamilton
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Sale History for 1101 W Florida Ave

Last sold on November 12th, 2020
  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: SB24050204

    $724,900

    Price

  • November, 2020

  • Nov 12, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 1101 W Florida Ave

Assessed Value (2020): $500,000
Year Land Value Improved Value Assessed Value
2020 $145,000 $355,000 $500,000

Home Value Compared to the Market

This property vs the competition

1101 W Florida Ave is listed 55.57% higher than the median list price for the city of Hemet which has a median list price of $449,900. The median price per/sqft for Hemet is $266 and this home is listed at $183.99 per/sqft which puts the price per square foot 30.83% lower than the median price per square foot for the city of Hemet.

About 1101 W Florida Ave

Detailed summary of property

1101 W Florida Ave is a retail located in Hemet, CA 92543 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 3,804 living square feet, and sits on an approximately 13,939 square foot lot. 1101 W Florida Ave was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $699,900 and was originally asking $724,900. The median priced home in Hemet is $449,900 with a median price per square foot of $266. Based on Ardent Real Estate Group's Hemet Market Data, this home is listed 55.57% higher than the median priced home. While the average home in Hemet, CA is selling in 76 days, 1101 W Florida Ave has a days on market of 186 days. There are currently 503 homes for sale in the Hemet real estate market and 483 of them are single family homes while 19 of them are condos and 1 are townhomes. For more information on this home for sale at 1101 W Florida Ave Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 1101 W Florida Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
--
Lot Size
14,810
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
183
APN
442-100-006

The source for these homes facts are from public records.

92543 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$430,000
Median List Price/Sq.Ft.
$279
Median Sold Price
$475,000
Median Sold Price/Sq.Ft.
$290
Total Inventory
157
Median Sale to List Price %
97.37%
Avg Days on Market
47
Loan Type
Conventional (21.28%), FHA (53.19%), VA (17.02%), Cash (6.38%), Other (2.13%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.