Medical Office Building or Redevelopment Opportunity located in Riverview, FL. Location, Location, Location!! Located 4 min (. 06 miles) from the new Advent Health Riverview Hospital. Construction of the $216 million hospital located on a 23-acre tract north of the Boyette Road and U. S. 301 intersection is underway and is expected to be completed in the fall of 2024. This turnkey medical office is equipped with 5 exam rooms, waiting area, receptionist area, administrative office, 2 private Doctors’ offices, 1 ½ restrooms, Lab area, nurses ’station and breakroom with kitchenette. The property is situated on 1. 08 acres, offers monument signage, 125FF of primary road frontage, 25+ parking spaces and is recently updated with a brand new tile room. Current zoning, Planned Development (PD) -FLU: Suburban Mixed Use-6 (SMU-6) Highest and best use as vacant (Retail Development) Dense medical office corridor, excellent visibility from Gibsonton drive, with traffic exposure of approximately 42, 500 vehicles per day. The subject property is in an area of good population and income demographic. Directly across the street from a Lowe’s and within proximity to Interstate I75 and US Highway 301.
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Our Executive Mortgage Banker:
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$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $680 | $680 | $680 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,536 |
Total Monthly Payment | $8,588 | $8,489 | $11,341 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.