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10017 Us Highway 441 N, Okeechobee, FL, 34972 | $865,000
It sounds like this restaurant has undergone significant renovations and improvements, making it an attractive investment opportunity. The updates to the septic system, electric, flooring, and air conditioning demonstrate a commitment to modernization and ensuring the comfort of patrons. Additionally, the new landscaping adds to the curb appeal, potentially attracting more customers.
Given the description of the restaurant as a "goldmine, " it seems that it is located in a bustling area with high foot traffic or in a community where there is strong demand for dining establishments. Investing in such a property could indeed be lucrative, especially if the improvements contribute to increased patronage and revenue.
For someone looking for a solid investment with potential for growth and profitability, this restaurant can be a promising opportunity.
Features
- Property Type: Restaurant
- Construction: Wood Frame
- Cooling: Central Air
- Year Built: 1966
- Approx Sq. Feet: 3,047
- Acreage: 0.71
- Est. Taxes: $2,656
- MLS#: OK223997
- Days on Market: 180 days
- Website: https://www.raveis.com
/prop/OK223997/10017ushighway441n_okeechobee_fl?source=qrflyer
Listing courtesy of ANDERSON REALTY Phone: 863-634-4106
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10017 Us Highway 441 N, Okeechobee, FL, 34972
$865,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $692,000 | $692,000 | $692,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
| Monthly Tax Payment | $221 | $221 | $221 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,431 | $4,317 | $5,981 |
| Total Monthly Payment | $4,744 | $4,630 | $6,294 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388