Property consist of 5 retail spaces scattered throughout the Sponge Docks at Tarpon Springs. All retail properties are leased and also have several parties wanting to purchase the retail. The property also includes a sizable tract of land that carries a special zoning for the Sponge Dock area. The zoning is called a Transect-Based Infill Code for the Sponge Docks and Community Redevelopment Area. This zoning is designed for a mixed use development. The potential for a true live-work offers prospects of capitalizing on a thriving community. The Seller wants to sell the property as purchase of the retail and vacant in one transaction. The Sponge Docks attracts tourist and visitors from local and International locations. A great location and a super potential project.
00 Athens, Tarpon Springs, FL, 34689
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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