308 Martin Luther King Jr AVENUE, Wildwood, FL, 34785 | $250,000

Commercial space available for sale with adjacent lot being sold together. A total of one half of an acre, all high and dry. 2 parcels. Parcel G06J050 has been an existing funeral home for over 20 years. Could be sold with all equipment. The building consists of 2 offices, a viewing room, front lobby, a preparation room and additional flex space for storage and more. There are also 2 existing restrooms. The adjacent lot is vacant and has been used for overflow parking but is a buildable lot of record. Seller can accommodate a quick closing. Located in the great town of Wildwood Florida. Minutes from The Villages community with easy access to I75 and the Florida Turnpike. By appointment only. Proof of funds required to schedule a showing. Call today.

Features

  • Property Type: Mixed Use
  • Construction: Block, Stucco
  • Utilities: BB/HS Internet Capable, Electricity Available
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1977
  • Approx Sq. Feet: 1,724
  • Acreage: 0.5
  • Est. Taxes: $1,384
  • MLS#: G5069677
  • Days on Market: 229 days
  • Website: https://www.raveis.com
    /prop/G5069677/308martinlutherkingjravenue_wildwood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/8/2024 8:47:08 PM)
Listing courtesy of CONNIE MAHAN REAL ESTATE GROUP   Phone: 352-569-0233

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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308 Martin Luther King Jr AVENUE, Wildwood, FL, 34785

$250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $115 $115 $115
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,331 $1,314 $1,687
Total Monthly Payment $1,521 $1,504 $1,877

* 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.