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625 N Central AVENUE, Oviedo, FL, 32765 | $430,000
Zoned R-P. Great location for Professional Office / Business Office / Assisted Living and other viable uses. City Plans to update Zoning Map on 11/18/2024, this property will fall into the "Downtown Neighborhood" zoning. LIVE, WORK, PLAY. Do you know what that means? Opportunity to own a property in potentially vibrant Downtown location. Located 3 mins from Downtown Oviedo and 13 minutes from UCF. Lots of Upside. Highest and best use could possibly be commercial. The City of Oviedo is making a lot of changes so this could possibly appreciate in value in the coming years. Great Opportunity for the Work From Home Professional. Possibly great opportunity to change the use and increase the value without lifting a hammer. Plenty of parking, horseshoe parking with long path to backyard. Great lot for parking recreational vehicles (RV, Boats etc).
Roof is slightly older than 1 year. Water heater is new. AC is about 7 years old. Has been re-piped 2019. 2840 ft. ² under air
Call today, one of very few 2800sqft homes in Oviedo priced under $450k. List agent has recording from 11/13/2024 Pre-Applicaton Meeting with the City. Valuable Insight on how profitable this deal can be. Calling ALL Professionals (Doctors, Dentist, Accountants, Psychiatrist, Architectects, Lawyers, Title Contacts, Mortage Contacts, or even RE Brokers)
Potential to rent out individual office spaces to Professionals. Rent Estimate 3 rooms @ $700/mo each, 2 Larger spaces @ $900/mo total potential rents $3900/mo
Features
- Rooms: 12
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 150 x 125
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
- Style: Contemporary
- Year Built: 1978
- Garage: Boat, None
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,840
- Acreage: 0.47
- Lot Size: 150 x 125
- Est. Taxes: $5,049
- Lot Desc: City Lot
- Elem. School: Lawton Elementary
- Middle School: Jackson Heights Middle
- High School: Oviedo High
- Appliances: Microwave, Range, Refrigerator
- MLS#: O6254024
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/O6254024/625ncentralavenue_oviedo_fl?source=qrflyer
Listing courtesy of SUNSTAR METRO REALTY Phone: 407-235-6452
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
625 N Central AVENUE, Oviedo, FL, 32765
$430,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $344,000 | $344,000 | $344,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $421 | $421 | $421 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,289 | $2,286 | $2,950 |
| Total Monthly Payment | $2,785 | $2,782 | $3,446 |
* 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