COMMERICAL FINANCING AVAIL! This commercial vacant land is zone C-2 great LOCATION, LOCATION, LOCATION which is key for its use.
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In front of SR 50 (E. Colonial Drive and Old Cheney Hwy with heavy traffic of over 50, 000 vehicles daily very close to highway 417 & 408 and downtown Orlando.
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Near the airport, and many restaurants, and stores. High traffic! Looking to start a Mechanic Shop or Car Dealership in Central Florida?
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All C2 PURPOSES ALLOWED!
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Fiber Optic Storage /Cable Companies
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You also have the option to build a triplex. There was a 1600 ft. ² single-family home on this property previously.
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Pick your Investment Strategy!
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This . 32-acre lot in the heart of Orlando's business district is your golden opportunity! With excellent investment potential and a thriving market, don't miss out on this rare piece of land to kickstart your business venture.
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CentralFlorida BusinessOpportunity. Property has an impact fee credit!
——————————————————————— Find this lot on BuildFloridaRealEstate or BuildDowntownOrlando!
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Call/Text Right Now, before it's gone!
BuildDowntownOrlando
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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 | $255,200 | $255,200 | $255,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,698 | $1,696 | $2,152 |
Total Monthly Payment | $1,773 | $1,771 | $2,227 |
* 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.