Rare opportunity to own 0.80 acres of commercially zoned land in the rapidly growing Sorrento-Mount Plymouth area. This property consists of two lots with access from both Sorrento Avenue, the main thoroughfare through town, and Colmar Avenue at the rear—both paved roads. Located within the Sorrento-Mount Plymouth Community Redevelopment Area (CRA), this raw land is one of the few remaining commercial parcels available in the area. Just minutes from the 429 and 453 State Toll Roads, with convenient access to 417 and I-4, the property offers excellent visibility and flexibility for a variety of permitted commercial uses. The adjacent property is also available (MLS# G5095839) and includes a 2-bedroom, 1-bath home with residential use and commercial zoning, providing additional possibilities.
SORRENTO AVENUE, Sorrento, FL, 32776
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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