Prime Business Opportunity! This listing encompasses two parcels of land (1751 and 1771 Woodlawn Road); being sold together for a total of 1. 7 acres. The property is currently in an area of Mixed Use properties; this classification blends residential, commercial, etc. Property encloses 402 feet of frontage on Woodlawn Road; 188 E/W sides. Fast-growing area surrounded by South State Bank (adjacent), and planned site for medical care facility (east corner of State Road 16 and Woodlawn Road), Storage North. 2022 daily traffic count was 9, 300 vehicles per day on Woodlawn Road. Transformative improvements currently include: Lane Widening, Paved Shoulders, Installation of Sidewalks, Upgrades to Stormwater/Utility Systems. PUD 2023-20: SR 16/Woodlawn; 19, 000 square feet of freestanding Emergency Room, medical office, and ancillary commercial/office space. Great opportunity for placement of a medical clinic with almost 2 acres of beautiful property in a growing area. Property currently has water, sewer, and electric. Home and several buildings/storage sheds located on the property; home is in need of repair and is being sold "As Is. " Possible Impact Fee Credit. Property is located at busy intersection - Publix, Retail Stores, Bank, Planned Site for Medical Care Facility, Storage Facility, etc. Interstate 95 - 3. 5 miles West; US Highway 1 - 2. 5 Miles East. Flood Zone X; No Insurance Required.
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William Raveis Real Estate
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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 | $800,000 | $800,000 | $800,000 |
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 | $60 | $60 | $60 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,189 | $5,122 | $7,024 |
Total Monthly Payment | $5,341 | $5,182 | $7,084 |
* 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.