Under contract-accepting backup offers. We are pleased to offer SKYLAR CREST, a commercial outparcel within Pulte newest Townhome community featuring 94 Townhome lots. Site is 1. 37+ acres zoned GC-2 with excellent visibility and frontage on East Lake Mary Blvd. Opportunity presents an end-user developer to benefit from the rapid growth within this corridor as Advent Health just acquired 4. 71 acres within 2 miles from the site. Site location will benefit as well from all the newest developments and rooftops surrounding the site; such as Comfort Inn & Suites Hotel coming adjacent to Sklyar Crest, LandSea Homes are building 149 Townhomes called Kentucky Square, Toll Brothers development Skyway adjacent to LandSea building 84 Townhomes and Wyndham Preserve consisting of 257 Homes by Starlight Homes, Park Square Homes, and D. R. Horton.
A local developer Douglas Hoeksema recently spent $6. 15 million a property with entitlements for 284 apartments near Orlando Sanford Airport located at 3475 E. Lake Mary Blvd next to Boombah sports complex and just 2 blocks from the subject site. “Along Lake Mary Boulevard on the southern edge of Orlando-Sanford International Airport is where Seminole County’s future is taking flight”.
Located off East Lake Mary Blvd the location has easy access to Orlando Sanford International Airport and is just minutes from the Greenway (S. R. 417), Orlando International Airport, I-4, east Orlando, and downtown Orlando. Prime opportunity for all your commercial needs to benefit from all the rooftops going vertical. Excellent opportunity for a pre-school, drive-through QSR, Retail Neighborhood Center, mini-storage, veterinary clinic, some many usages.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,891 |
Total Monthly Payment | $3,951 | $3,947 | $4,983 |
* 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.