Prime highly visible corner lot with frontage on a four-lane road approximately 1. 5 miles from downtown Apopka! This facility is a licensed State of Florida 10-bed assisted living facility (ALF) on a beautiful lot on a lake (Dream Lake) in Apopka surrounded by health care facilities and hospitals. In accordance with the city zoning department, this facility can be expanded to a 30-bed ALF based on the size and configuration of the property. An updated engineering draft would be required to determine the highest and best use of the additional rooms, common areas, laundry and staff accommodations. In keeping with the healthcare zoning for this property it can also be configured as a nursing home, memory care or transition care facility (TCF). There are differing revenue considerations that will depend on the level of care the facility management determines to be for the market. This property would also be ideal for a small urgent care facility, restaurant or day care facility. Apopka is a growing community 15 minutes from downtown Orlando, 30 minutes from Walt Disney World, 10 minutes from shopping and world-class healthcare organizations that meet the needs of an aging population in Central Florida. Buyer to verify all information with the City of Apopka.
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $339 | $339 | $339 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,757 | $7,658 | $10,501 |
Total Monthly Payment | $8,221 | $8,122 | $10,965 |
* 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.