The Subject property is owned in Fee Simple, but is a part of the Cypress Square Professional Center Owner's Association. There are mandatory monthly maintenance fees. It is limited to professional use. No retail is permitted. It is not a condominium, but offices share common parking areas, ingress, and egress. It is located in one of Winter Haven's prime professional areas. The subject property consists or two separate office suites - each with its own private central AC & Heating systems, and private entrance. However, it is designed so that it can be one large office suite. Currently, one suite is rented and the other was vacated on January 2022. The vacant suite will remain vacant so that the new owner can chose to occupy or rent it. The owner offers a purchase money mortgage for a qualified buyer with 20% down, amortized at 4.9% for 15 to 25 years. Any mortgage to a corporation would require a personal guarantee. The rented suite has almost 19 months remaining on the lease. Current rent is available on request. The listing agent is the Trustee/Owner of the property. The property is subject Covenants & Restrictions as recorded in Polk County O.R. Book 1983, Page 836, and as Amended in O.R. Book 2105, Page 1922. Monthly maintenance fee is $205, which includes grounds maintenance and some building insurance. 24 hour notice is required to show the rented suite.
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