242 W State Road 434, Longwood, FL, 32750 | $460,000

PREMIUM LOCATION! Situated on one of the busiest streets in Longwood, this commercial property offers exceptional visibility to thousands of cars and passersby daily. Ideal for businesses that rely on high customer traffic.
SOACE & VERSATILITY: With 2000 sf of internal area, the space is ready to be adapted to various layouts, allowing for a multitude of uses, from offices to retail stores or restaurants.
DEDICATED PARKING: With dedicated parking, your clients will have the convenience and ease of access, which is essential for any successful business.
RENOVATED INFRASTRUCTURE: The roof was completely redone in 2023, ensuring many years of worry-free use.
No HOA: Without homeowner's association (HOA) fees, you will have more freedom and fewer recurring costs.
GREEN AREA & EXPANSION POTENTIAL: The property includes a green area at the back, perfect for building a deck or garden, creating an additional outdoor space for your clients or employees. The permit for this construction has already been requested and is in progress.
READY TO USE: The internal space is already clean and prepared for a quick adaptation to your business, minimizing preparation time and costs.
ADDITIONAL BENEFITS:
LOCAL ECONOMICAL GROWTH: Longwood is expanding, with an increase in demand for commercial spaces, making this property a strategic investment.
PROXIMITY TO AMENITIES: Located near banks, restaurants, shopping centers, and public transportation, providing convenience for both your clients and employees.
CONNECTIVITY: Availability of high-speed internet and other essential technological infrastructure for modern businesses.
SECURITY: The property is situated in a safe area, with security systems available for added protection.
ENERGY EFFICIENCY: Improvements in energy efficiency, such as LED lighting and updated insulation, help reduce operational costs.
MODERN DESIGN: Possibility for a modern and attractive interior design, with high-quality finishes.
LOCAL INCENTIVES: Take advantage of local and state incentives for new businesses and investments in commercial properties.

Features

  • Property Type: Retail
  • Construction: Block
  • Utilities: Public
  • Garage: 6 to 12 Spaces
  • Levels: 1
  • Heating: Central, Electric
  • Cooling: None
  • Year Built: 1993
  • Approx Sq. Feet: 2,000
  • Acreage: 0.17
  • Est. Taxes: $5,404
  • Lot Desc: Near Public Transit, Retention Pond, Street Lights
  • MLS#: O6245982
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/O6245982/242wstateroad434_longwood_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 12/27/2024 1:34:38 PM)
Listing courtesy of FLORIDA 360 REALTY LLC   Phone: 561-513-5162

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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
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Our Insurance Division:

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242 W State Road 434, Longwood, FL, 32750

$460,000

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 $368,000 $368,000 $368,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $450 $450 $450
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,542 $2,479 $3,130
Total Monthly Payment $3,067 $3,004 $3,655

* 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.