Price reduced. Unique Commercial 11+ Acres Parcel zoned GC-2; adjoining . 42 Acre GC-2 also for sale with a 24' access easement from 17/92, both within City of Sanford. Property has great exposure from 417 and 17/92 and provides for many options for permitted and conditional uses (see attached schedule). Great property for Corporate Headquarters offering a large enough work and play space and setting; fresh trails with great vegetation, local tennis courts and gazebo by entrance to property, plenty of shade and relaxation areas. Very accessible, yet very private. Quick drive to Sanford Airport, Downtown Sanford, 17/92, 417, and I4. Currently the largest commercial parcel in Sanford MLS market with views from 17-92 and about 1, 000' of 417 ramp frontage. Approximately 50' access/frontage from South French Avenue. Natural pond and water retention area with great buffer for privacy and natural freshness. Partially cleared and ready to start your development. Buyer/s and/or Buyer/s' Agent are responsible and should verify all public, and tax collector's data, as well as property size, square footage, zoning, and permitted uses and restrictions. Sold as is where is, with no representations or warranties. Priced below ongoing listing price for buildable commercial acreage in Sanford. Listing Agent is Owner. Land Lease and Owner Financing are also options. Prospective Buyers must be accompanied by Agent.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $940,000 | $940,000 | $940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,097 | $6,019 | $8,253 |
Total Monthly Payment | $6,222 | $6,144 | $8,378 |
* 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.