$4,995,000
Property details
About this home
**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 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. 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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