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140 E Michigan AVENUE, Lake Helen, FL, 32744 | $850,000
Commercial and residential. The possibilities are endless with this property in LAKE HELEN - THE GEM OF FLORIDA! RETAIL SPACE IN THIS HOME PLUS INCOME PRODUCING APARTMENT WITH SEPARATE ENTRANCE! Next door to park and lake. This home has it all 3300 sq. ft. -3 bedroom 3 1/2 bath brick home, 5 minutes from I-4. Large upstairs unfinished storage room has central heat and air. Could easily be another apartment combined with retail space of 900 sq. ft. with separate wheelchair accessible entrance and lots of shelves for your merchandise plus counter space and storage room with mini split H/A unit. The zoning allows for salon, retail, or professional office. Large 4 car garage with storage area. Possibility for another apartment . Garage apartment was recently updated has 2 bedrooms large bathroom with washer and dryer and balcony with view of lake. Was easily rented for $1100 month.
Master bedroom has huge bathroom with whirlpool tub, double sink vanity and walk-in closet.
Beautiful oak floors throughout, cypress ceiling in dining area. also sun room with cypress walls, 12 x 14 wood deck plus a big front porch for sitting and swinging Roof is 3 years old, both a/c units have been replaced in the last 3 years.
This property is next to the Lake Helen post office. Must see and easy to show.
Features
- Rooms: 9
- Bedrooms: 3
- Baths: 3 full / 1 half
- Lot Size: 165 x 150
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Style: Colonial
- Year Built: 1988
- Garage: 3-car Driveway, Garage Faces Side, Ground Level, Open, Oversized
- Heating: Central, Heat Pump
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 3,300
- Acreage: 0.55
- Lot Size: 165 x 150
- Est. Taxes: $6,987
- Lot Desc: Cleared, Historic District
- View: City
- Elem. School: Volusia Pines Elem
- Middle School: Deland Middle
- High School: Deland High
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dishwasher, Electric Water Heater, Range Hood
- MLS#: V4935741
- Days on Market: 129 days
- Website: https://www.raveis.com
/prop/V4935741/140emichiganavenue_lakehelen_fl?source=qrflyer
Listing courtesy of GREENE REALTY OF FLORIDA LLC Phone: 386-734-2200
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
140 E Michigan AVENUE, Lake Helen, FL, 32744
$850,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
| Monthly Tax Payment | $582 | $582 | $582 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,354 | $4,298 | $5,924 |
| Total Monthly Payment | $5,028 | $4,972 | $6,598 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388