Incredible opportunity to own 2 office buildings totaling 3600 sq. ft. of office space in a premier highly desired location of downtown Winter Haven. Current traffic count AADT 28, 500 for amazing exposure for any business. This property is currently zoned commercial office, the property is also located in a Winter Haven redevelopment area which can offer many benefits to the new owner. The property is also located in a Federal opportunity area which could potentially offer some tax credits as well. The buildings themselves are constructed of concrete block with a flat concrete roof, virtually a concrete bunker, with a hip-style roof added. Both roofs were replaced in March of 2024, w/ Owens Corning shingles, six nails per shingle rated up to 130 mph wind speeds. Underlayment is Roofnado AnchorDeck high temperature peel and stick waterproof barrie, favored by insurance companies reducing premiums. Both roof deckings were also renailed to proper code which will also result in a wind mitigation credit. All A/C units were replaced in March 2024. Buildings feature two 900 sq. ft. office spaces w/ two restrooms, 3 large offices and an open reception area, that could be made into office space as well if needed. Potable water sources, drain systems, and restrooms are located on the perimeter of the building, making it very easy to add sinks to offices to support medical operations. 14 parking spaces are available when accounting for parking in the rear driveway. The east building has a door in-between the offices already making it convenient for one occupant, this could be easily done with the west building as well. Currently both buildings are fully occupied by long term tenants for over 10 years. Schedule a private tour today, do not miss this opportunity. NOTE there will be office space for lease, 900-1800 square feet. Two 900 Square Feet spaces available December 1st 2024. Very affordable and one of the best locations in Winter Haven. Call for more information.
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William Raveis Real Estate
Phone: 888.699.8876
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 | $720,000 | $720,000 | $720,000 |
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 | $566 | $566 | $566 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,610 | $4,610 | $6,322 |
Total Monthly Payment | $5,268 | $5,268 | $6,980 |
* 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.