827 W Montrose STREET, Clermont, FL, 34711 | $750,000

Charming two-story commercial building located in the heart of Historic Downtown Clermont. Originally the town's first post office built in 1900, this historic structure has undergone extensive restorative renovations and was honored with the 2017 Excellence in Construction Eagle Award.
The first floor offers a bright and spacious layout, perfect for any retail or open office plan with a small kitchenette and storage closet. The separate back entrance leads to the second floor where you'll find ample office space, a bathroom, and a walk-in storage area. The property holds a 5-space parking lot with room to expand.
This building was completely remodeled in 2016 including a new roof and windows, and the back staircase was replaced and upgraded just a few months ago. This prime location sits right on Montrose Street near the corner of 8th Street, surrounded by shops and restaurants, and hosts the Farmers Market on Sundays, monthly wine strolls, and a multitude of festivities that are held yearly such as Light Up Clermont, Harvest Fest and First Friday Food Trucks. The current tenant's lease agreement is in place until June 2025.

Features

  • Property Type: Mixed Use
  • Construction: Vinyl Siding, Wood Frame
  • Utilities: Public
  • Garage: 1 to 5 Spaces
  • Cooling: Mini-Split Unit(s)
  • Year Built: 1900
  • Approx Sq. Feet: 1,078
  • Acreage: 0.18
  • Est. Taxes: $4,205
  • Appliances: Microwave, Refrigerator
  • MLS#: G5083416
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/G5083416/827wmontrosestreet_clermont_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 7/3/2024 3:07:57 PM)
Listing courtesy of OPTIMA ONE REALTY, INC.   Phone: 352-243-6784

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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827 W Montrose STREET, Clermont, FL, 34711

$750,000

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 $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $350 $350 $350
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,042 $3,988 $5,145
Total Monthly Payment $4,484 $4,430 $5,587

* 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.