Kentucky STREET, Sanford, FL, 32773 | $725,000

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.

Features

  • Lot Size: 386 x 84 x 193 x 40 x 110
  • Lot Desc: Corner Lot, City Lot
  • MLS#: O6236125
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/O6236125/kentuckystreet_sanford_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 11/21/2024 11:32:07 PM)
Listing courtesy of LEGACY PLUS REALTY   Phone: 407-992-2268

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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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Kentucky STREET, Sanford, FL, 32773

$725,000

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 $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 7.477% 7.159% 6.296%
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.