Excellent opportunity to own this centrally located ± 8,322 SF Neighborhood Shopping Center situated on ± 23,492 SF lot in the heart of Lake Worth Beach. Location offers great visibility on a main thoroughfare. 6-units, 5 are leased with the sole vacancy being a 2nd generation restaurant. A couple of blocks from 2 newly developed mixed-use project totaling over 350 units! This multi-bay shopping center is the perfect value-add opportunity in a district that is home to a burgeoning arts scene and an array of mixed-use development projects. Sitting on almost 24,000 square foot lot on Mixed-Use Dixie Highway (MU-DH) zoning district which allows for a broad range of commercial applications as well as mixed-use higher density residential use. A must see!
2101 N Dixie Hwy, Out of Area, FL, 33460
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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