3550 N 40th STREET, Tampa, FL, 33605 | $1,150,000

**Price Drop**Introducing 3550 N 40th Street, Tampa - A Prime Commercial Property Nestled in the heart of Tampa, 3550 N 40th Street stands as a beacon of opportunity in the realm of commercial real estate. This strategically located property offers a rare combination of accessibility, visibility, and versatility. Boasting a generous lot size, this commercial gem spans an impressive footprint, providing ample space for diverse business ventures. Its proximity to major thoroughfares ensures easy access for both customers and suppliers, enhancing the property's appeal for businesses seeking a central and well-connected location. The thoughtfully designed space for this property are adaptable to various commercial needs, making it an ideal canvas for entrepreneurs envisioning their next venture. Surrounded by a thriving business community, this property benefits from a dynamic and vibrant local economy. Whether it's retail, office space, or mixed-use development, 3550 N 40th Street stands ready to accommodate and elevate the ambitions of forward-thinking business leaders. As the sun sets over Tampa, the illuminated signage of 3550 N 40th Street becomes a beacon of success, symbolizing a space where business dreams come to life. seize this opportunity to own a piece of Tampa's commercial future at 3550 N 40th Street – where potential meets prosperity.

Price shown is for the property located at 3550 N 40th Street, Tampa Fl & 3546 N 40th Street, Tampa. Properties to be sold together as a package deal.

Features

  • Property Type: Business
  • Construction: Block
  • Levels: 1
  • Cooling: Central Air
  • Lot Size: 150 x 157
  • Year Built: 1962
  • Approx Sq. Feet: 1,827
  • Acreage: 0.54
  • Est. Taxes: $7,271
  • MLS#: T3505196
  • Days on Market: 210 days
  • Website: https://www.raveis.com
    /prop/T3505196/3550n40thstreet_tampa_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 11/24/2024 3:33:52 PM)
Listing courtesy of IMPACT REALTY TAMPA BAY   Phone: 813-321-1200

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888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3550 N 40th STREET, Tampa, FL, 33605

$1,150,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
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 $606 $606 $606
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,891 $5,891 $8,078
Total Monthly Payment $6,622 $6,622 $8,809

* 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.