**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 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.
| MLS # | O6384158 |
|---|---|
| Listing Type | For Sale |
| Style | Agriculture |
| Sub-Type | For-sale |
| Status | Active |
| Year | 2022 |
| Days On Site | 196 |
| Listing Provided By | REAL BROKER, LLC | Tab Bish LLC |
| SQ Feet | 10,800 |
|---|---|
| Story(s) | 2 |
| Zoning | G1 |
| Acreage | 7.60 |
| Property | 12831 |
|---|
| State | FL |
|---|---|
| County | Seminole |
| City | GENEVA |
| Zip Code | 32732 |
| Area | 32732 Geneva |
| Listing VS Median (in 32732) | |
Price: $4,995,000 low | high Med: $762,000 sqft: 10,800 low | high Med: 2,063 $ / sqft: $463 low | high Med: $402 On site: 196 low | high Med: 59.5 | |
| State | FL |
|---|---|
| County | Seminole |
| City | GENEVA |
| Zip Code | 32732 |
| Area | 32732 Geneva |
| Listing VS Median (in 32732) | |
Price: $4,995,000 low | high Med: $762,000 sqft: 10,800 low | high Med: 2,063 $ / sqft: $463 low | high Med: $402 On site: 196 low | high Med: 59.5 | |