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Lasbury Tracy Realty Inc
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$480,000

Active

5053 SE Abshier Blvd Blvd, Belleview, FL 34420

0.39 acre lot

Listing courtesy of EXP REALTY LLC Β· MLS# G5111455

176 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

Belleview Plaza presents an exceptional opportunity to acquire a fully leased, multi-tenant neighborhood retail center with stable in-place income and immediate upside potential. The property consists of four units occupied by a complementary mix of service-oriented tenants, making it a resilient asset in a growing Central Florida corridor. The center is currently fully occupied, generating consistent cash flow with a Net Operating Income (NOI) of approximately $32,639 annually. Each unit is separately metered for electric, with tenants responsible for their own usage, while ownership maintains minimal expense obligations, contributing to efficient operations and predictable overhead. A key highlight of this offering is the below-market rental structure, which creates a compelling value-add opportunity for investors. Rental rates can be increased over time to align with market levels, offering the potential to enhance returns and overall asset value without the need for significant capital improvements. Strategically positioned along SE Abshier Blvd, the property benefits from strong local traffic, easy accessibility, and proximity to surrounding residential neighborhoods, supporting long-term tenant stability.

Facts

Property type
Mixed Use
Year built
1977
Flood zone
X
Annual taxes
$5,806/yr
Listed
Apr 20, 2026
MLS #
G5111455

Commercial details

Building & site

Building size
3,680 SF
Office / retail space
3,680 SF
Lot size
0.39 acres (16,988 SF)
Zoning
B-4 REGIONAL BUSINESS
Road frontage
City Street, Highway, State Road
Buildings
1
Occupancy
Tenant-occupied

Investor metrics

Price per SF (MLS)
$130.43/SF
Cap rate
6.6%
Net operating income
$32,639/yr
Gross income
$45,600/yr
Annual expenses
$12,960/yr
Units
5

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $490,000
  2. Price reduced to $480,000

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Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

5053 SE Abshier Blvd Blvd, Belleview, FL 34420

Listing courtesy of EXP REALTY LLC Β· MLS# G5111455 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 9:51 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]