Immerse yourself in the newly renovated, design-focused office space available for lease in the bustling Mills 50 district. Offering the flexibility to rent the entire building OR select individual offices, this property caters perfectly to professional users. Enjoy the serene, well-designed work environment, complemented by shared amenities, abundant parking, and excellent walkability, making it an outstanding choice for businesses seeking growth and connectivity in a dynamic neighborhood. This property at 1615 Woodward St, Orlando, FL 32803 is classified as a commercial property, specifically as an office building with non-professional service uses. It is zoned for commercial activities, which means that operating a med spa or laser hair removal business is likely permissible, but this would depend on the specific zoning regulations and any additional permits required by the City of Orlando. Zoned O-1/T/SP/AN, falls under the Office Low Intensity district. This zoning allows for low-intensity office uses, which typically include professional, business, and medical offices. Med spas and laser hair removal facilities are generally considered medical office uses and should be permissible under this zoning designation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,800
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 | $13,440 | $13,440 | $13,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $425 | $425 | $425 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $91 | $88 | $113 |
Total Monthly Payment | $591 | $588 | $613 |
* 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.