Commercial potential at the signalized corner of Ronald Reagan Parkway and CR 547. This property is just under 1/2 acre in the southeast quadrant of Ronald Reagan Parkway (SR 54) and CR 547 in Davenport, FL. The value is in the land but the owner-occupied mobile home is in good condition and could be rented to generate revenue while the area continues to develop. This land is designated as Convenience Center (CCX) in the Ronald Reagan Parkway SAP. Typical Leading Tenants are Convenience Stores, Laundry, Dry Cleaning, Barbers, Restaurants, Gas Stations, and Offices. This property is being marketed as an assemblage with MLS#R4907163 for a total of 1.9 acres.
6220 County Road 547 N, Davenport, FL, 33837
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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