125 W Klosterman ROAD, Tarpon Springs, FL, 34689 | $1,999,900

This prime commercial/mixed-use property, located in a high-traffic area with excellent exposure, offers endless business opportunities and retail activities. Built in 1984 as a bank on four small lots (42-45), creating a large 0. 83-acre space (200' x 182'), the building has been fully renovated. The asphalt parking lot provides over 25 parking spaces. The building's exterior was recently painted, and the windows were serviced or replaced. Features include a waterfall at the front entrance and a west-side patio for employee breaks. The property is connected to public sewer, water, and electricity, with well water used for irrigation. The building is divided into two separate workspaces.
Ground Level Front Showroom Space:
A kitchen/breakroom/dining area with ceramic tile floors, granite countertops, custom cabinets, a raised granite island, chandelier, and coffered ceilings with crown molding and ambient lighting.
A reception area/entry features coffered ceilings, crown molding, ambient lighting, and a custom mural. The showroom and display area have an open floor plan, coffered ceilings, crown molding, wood flooring, and ambient lighting. The main/executive office offers space for multiple workstations, automated blinds/shades, and pre-wired connections for TVs and sound. A large walk-in vault provides space for additional workstations or secure storage. The extra-large presentation/training room features a 3-tiered layout, coffered ceilings, pre-wiring for a projector, seating for 25+, a 156" Cinecurve projection screen, and wood flooring. This room can be modified into an open floor plan by removing the tiered stage and adjoining wall.
Another presentation/conference room, originally the bank's safety deposit box area, seats 12+. The 3-tiered stage can be removed to create a single-level floor, making it ideal for an executive office or secure storage area.
Back Space:
Separate entry/exit and alarm partition make this area perfect for rental income or secondary offices.
Features include six separate offices with doors and windows, pre-wiring for internet/data, a large common area, a kitchenette, and a patio.
Second Level:
Accessed via an interior stairwell, the second level includes a large executive office or bedroom, a full bathroom, and a walk-in closet/laundry area.
Storage/Service Shed:
Contains irrigation control, ample storage cabinets, and well/pump controls for the irrigation system.

Features

  • Property Type: Mixed Use
  • Construction: Block, Concrete
  • Utilities: Electricity Available, Private, Public, Water Connected
  • Levels: 2
  • Cooling: Central Air
  • Lot Size: 200 x 182
  • Year Built: 1984
  • Approx Sq. Feet: 4,639
  • Acreage: 0.83
  • Est. Taxes: $10,434
  • Appliances: Dryer, Refrigerator, Washer
  • MLS#: TB8311700
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/TB8311700/125wklostermanroad_tarponsprings_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 11/1/2024 3:30:07 AM)
Listing courtesy of ALIGN RIGHT REALTY SUNCOAST   Phone: 813-512-2100

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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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125 W Klosterman ROAD, Tarpon Springs, FL, 34689

$1,999,900

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 $1,599,920 $1,599,920 $1,599,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.851% 6.704%
Monthly Tax Payment $870 $870 $870
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,244 $10,377 $13,937
Total Monthly Payment $11,239 $11,372 $14,932

* 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.