Large, 2-level building on valuable lot with large yard, over .5 acre total. Long term retail tenant in place. High traffic location, 200’ from Wawa. Top level presently retail store with outdoor area and parking; lower level presently divided into 3 separate units that could easily be converted to 3-one bedroom apartments (or combo of one- and two-bedroom, or three-bedroom) and triple current rental income. Two bathrooms up and one bathroom down. Large rear lot for extra parking or additional rental income; yard presently rented out to one tenant for boat, car and truck storage on 30-day cancellable lease. Recent new insurance-approved roof. Please do not approach employees or tenants.
Largo, FL, 33774
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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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