HERNANDO BEACH COMMERCIAL WATERFRONT LOT ZONED C2. Hernando Beach is a waterfront community that is home to over 2500 residents and is situated between US 19 (Commercial Way) & FL 50 (Cortez Blvd. ) on Florida's Gulf Coast. We are a fishing community and a desirable vacation destination. Almost 7, 000 daily traffic count on Shoal Line and growing as Hernando Beach is the county's growing waterfront community with restaurants and bars with live music, marinas and seafood markets, local businesses, professional offices, waterfront living with gulf access. Property has a canal behind it with indirect gulf access. The canal offers waterfront experience for diners if you are opening your own restaurant, Waterview's if you are opening your new office or retail space. C2 zoning for the building allows for an incredible number of uses: convenience goods stores with a limit of 12 vehicle fueling stations, restaurant with or w/o alcohol sales, gas station, hotels, motels, auto dealership, light marina establishment, boat storage and boat sales, RV/vehicle storage and sales, hospital, nursing home, light manufacturing, mini-warehouse, light construction service establishments, place of public assembly, professional office space, doctor's offices, veterinarian office space, etc. Located within walking distance to the Drunken Mullet and Sharky's Hernando Beach, this property is 60' wide by 150' deep in a prime Hernando Beach location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$224,997
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $179,998 | $179,998 | $179,998 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $88 | $88 | $88 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,213 | $1,196 | $1,518 |
Total Monthly Payment | $1,376 | $1,359 | $1,681 |
* 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.