342 Beverly COURT, Spring Hill, FL, 34606 | $1,650,000

1. 10 acres with visibility from Commercial Way (U. S. Highway 19)

C-2 Zoning (Retail) - While currently being utilized as office professional, the zoning classification permits a large range of uses including but not limited to the following; convenience store, public offices, business training schools, restaurants, indoor commercial amusement establishments, motels, hotels, funeral homes, retail food stores, veterinary clinics, automotive dealer/service establishments, retail plant nurseries, boat sales and service, etc.

The building comprises five rental units. Units 1 and 2 are 575 sf each. Each unit has an office / reception area, two private offices and a private bathroom. Each unit has its own entry/exit and electricity metered separately.

Unit 3 which is in the center of the building features 2500 sf and consists of a large lobby / reception area, waiting room, 792 sf conference room, storage room, kitchen, 2 bathrooms and 6 private offices.

Units 4 and 5 mirror units 1 and 2, however the wall separating these two units has been removed expanding this office to 1350 sf.

At present the entire building is being utilized by the Boys and Girls Club of Hernando County. It is important to note that the current use is not a representation of the highest and best use as is legally permitted within the C-2 zoning classification.

The improvements are youthful, having been constructed in 2011 and have been recently updated. The site is just to the east of Commercial Way (U. S. Hwy 19 N. ) with an annual average daily traffic count of 38, 500 vehicles each day.

Features

  • Property Type: Office
  • Construction: Block, Log, Stucco
  • Utilities: Electricity Available, Public, Water Connected
  • Garage: 19 to 30 Spaces
  • Levels: 1
  • Heating: Central Building, Electric
  • Cooling: Central Air
  • Year Built: 2011
  • Approx Sq. Feet: 5,000
  • Acreage: 1.1
  • Est. Taxes: $16,627
  • MLS#: W7866859
  • Days on Market: 69 days
  • Website: https://www.raveis.com
    /prop/W7866859/342beverlycourt_springhill_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 11/20/2024 10:17:10 AM)
Listing courtesy of BRIDGE POINT BUSINESS REAL EST   Phone: 352-515-0226

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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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342 Beverly COURT, Spring Hill, FL, 34606

$1,650,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.851% 6.790%
Monthly Tax Payment $1,386 $1,386 $1,386
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,452 $8,561 $11,590
Total Monthly Payment $9,963 $10,072 $13,101

* 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.