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$315,000
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Property Description
437 West Kennedy Boulevard is a prime net-leased convenience store investment in Orlando's high-visibility C-3 Wholesale Commercial District. Situated on a 5,652-square-foot lot, the solid block building was originally constructed in 1972 (renovated in 1983) and offers approximately 2,273 square feet of retail space-including a versatile back room that presents an easy sublease opportunity for additional income. The current five-year NNN lease, which commenced in March 2024 and runs through March 2029 (with a five-year renewal option capped at 10% annual increases), delivers stable, inflation-protected cash flow: $21,600 in Year 1 and $22,680 annually in Years 2-5, all personally guaranteed by the principals. Tenant responsibilities cover utilities, maintenance and repairs, real estate taxes and insurance, while the landlord remains responsible for the roof and four exterior structural walls. Durable built-up roofing, commercial-grade cork tile flooring, central cooling with electric forced-air heating, and professionally maintained drywall interiors underscore the low-burden ownership profile, and the property lies within Flood Zone X for minimal flood risk. With neighborhood values up nearly 7% over the past two years and immediate upside through market-rate rent adjustments, this competitively priced asset is an outstanding opportunity for investors seeking passive income and long-term growth in one of Orlando's most dynamic retail corridors.
Full Property Details
Full Property Details for 437 W Kennedy Blvd
General
- Sold For: $315,000
- Taxes: $3,133 (2024)
- Status: Closed
- Type: Retail
- Source: MidFloridaRegionalMLS
- MLS ID: O6301770
- Added to Site: 272 day(s) ago
Location
- Area: 32810 - Orlando/Lockhart
- County: Orange
- Development Name: 32810 - Orlando/Lockhart
- Subdivision: LAKE LOVELY ESTATES SUB
- Driving Directions: Driving Directions: 1. Start in Downtown Orlando, near Orange Ave & Central Blvd. 2. Head north on N Orange Ave for approximately 2.5 miles. 3. Turn left onto W Kennedy Blvd. 4. Continue on W Kennedy Blvd for about 1.5 miles. 5. Arrive at 437 W Kennedy Blvd, located on the right side of the road. ? Estimated Travel Time: • Distance: Approximately 5 miles • Duration: About 15–20 minutes, depending on traffic conditions. For real-time navigation and traffic updates, you can use Google Maps or Waze. Let me know if you need directions from a different starting point or additional information.
Community
- Community Name: 32810 - Orlando/Lockhart
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 2,000
- Living Area: 2,000 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,652
- Lot Size: 5652
- Frontage: Business District, City Street, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,133
- Tax Year: 2024
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: LAKE LOVELY ESTATES SUB R/121 LOTS 186 &187 BLK B (LESS S 10 FT)
- Flood Zone Info: X
- APN: 352129457221860
- Property ID: 352129457221860
- Block/Lot/Section: B
Listed by Corcoran Premier Realty
Sold by Morehouse Realty Inc
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Schools
Schools serving 437 W Kennedy Blvd
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Hungerford Elementary School 230 South College Avenue, Eatonville, FL 32751 | PK-5 | 0.8 mi |
Lockhart Middle School 3411 Doctor Love Rd, Orlando, FL 32810 | 6-8 | 1.7 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 2.6 mi |
Winter Park High School 2100 Summerfield Road, Winter Park, FL 32792 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 437 W Kennedy Blvd
Date
Details
Price
Change
Source
10/02/2025
Sold
$315,000
-3.08%
MLS
4/21/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
437 W Kennedy Boulevard, Orlando, FL 32810 (MLS# O6301770) is a Retail property that was sold at $315,000 on October 02, 2025. Want to learn more about 437 W Kennedy Boulevard? Do you have questions about finding other Retail real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

