Opportunity awaits with these 6. 1 +/- acres zoned Heavy Commercial that are directly located on State Road 44, only a few miles west of The Villages Brownwood Town Center, and also located one mile east of the I-75 Interchange. This property includes a home/office comprised of 1, 100 square feet and a 30 x 36 pole barn for storage. Ingress and Egress is great with 500' of frontage on State Road 44 and 235' of frontage on County Road 225. Both have clear access with a median cut on State Road 44. Located in Sumter County, this parcel has close proximity to I-75. This major transportation corridor can get you to either Orlando, Tampa, or Gainesville in approximately one hour or so! It is also on the edge of The Villages that has a population of 129, 000 and deemed the fastest growing MSA in the US. As of now, there is a strong lease in place for a portion of this property. This would convey to the new owner, or it could be terminated. This site is also served by the City of Wildwood with both water and wastewater. Possible owner financing with agreed upon terms and subject to financial underwriting. Call today with any questions or to set up your showing!
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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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,147 | $6,147 | $8,429 |
Total Monthly Payment | $6,410 | $6,410 | $8,692 |
* 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.