This is a Commercial Property zoned C3. . . (grandfathered). . It has a warehouse which was used to paint and repair autos which has had some work done to it. and estimating approx 2000 sq ft . . It is fenced and includes another small parcel making the acreage at approx 1. 2 acres . . The property sits on Old Winter Garden Rd or Washington St and Georgiana St. . just around the corner from Hwy 408 and minutes to downtown Orlando and the newly remodeled Citrus Bowl. . just think of the opportunities here. . this is a very Central location just blocks away from Downtown Orlando and the Citrus Bowl. . right next to and behind the Property on the corner of John Young & Old Winter Garden with still visibility from John Young. . . Possibilities MIGHT include billboard rental and with a C3 zoning is a true plus. allows a great deal of businesses.
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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 | $1,192,000 | $1,192,000 | $1,192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,731 | $7,633 | $10,466 |
Total Monthly Payment | $8,090 | $7,992 | $10,825 |
* 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.