4. 9 acres includes 2 RENTAL PROPERTIES that are leased out through May 2025. Zoned (RCE) the 10, 027 square foot shade house comes complete with new irrigation. New pump for the well that feeds the irrigation. Updated irrigation system is active. The air-conditioned warehouse is 26x18 includes electricity. Property also comes with 40' storage container. T-pole was installed to provide the electricity needed for the nursery. The nursey was very profitable in 2022 & 2023. Over 100 different species of plants were grown. Take advantage of this opportunity to either expand your current nursery or launch your nursery. The 2 rental properties can also provide 2 more streams of additional income for you. Both are currently rented through 2025. Both homes have modern HVAC and new mini splits. Renovated bathrooms in both homes and updated plumbing. New vinyl flooring in both houses. Both homes have been repainted inside and exterior and new stoneface accents to bring out each home's curb appeal. New privacy fences on both houses and beautifully landscaped. 416 E Welch Road, Apopka, Florida is included in this sale and ONLY for sale together with 424 E Welch Road, Apopka, Florida. Buyer to verify room measurements.
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $514 | $514 | $514 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,665 | $4,605 | $6,364 |
Total Monthly Payment | $5,271 | $5,211 | $6,970 |
* 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.