Prime downtown DeLand, FL location. City of DeLand, FL is a very dynamic and high growth community. Formerly noted as #1 Mainstreet in America. Buildings were constructed in stages (1969, 1972 and 1981). Many recent updates included new electrical services for building 1, recent membrane roofs and recent new parking lots. Total of 11 office units in 2 buildings (some combined) and hair and beauty salons. All units are leased. Individual electrical meters and a/c units. 57 car private parking lot is full street to street. Same family ownership since 1949. 2 blocks from center of DeLand. Financial and maintenance records available for review by qualified buyers (proof required) who sign NDA attached.
Complex:
HOWRYS ADD DELAND
Garage:
Common, Ground Level, Over 30 Spaces
Cooling:
A/C - Office Only, Central Air
Construction
Block, Concrete, Wood Frame
Utilities
BB/HS Internet Capable, Natural Gas Available
Lot Description:
Central Business District, Fire Hydrant, City Lot, Landscaped, Oversized Lot, Sidewalk, Street Lights
212 E New York AVENUE, Deland, FL, 32724
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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