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1st Street, Polk City, FL, 33868 | $85,000
1st Street Polk City Commercial C-2 Lots Approx. 12, 500/sqft (. 29 Acre), 100ft Of Road Frontage & 125ft Deep. Public Water & Power Nearby. With Approved Site Development Plan, Potential Allowed Uses Include General Retail, Auto/Boat Sales New/Used, Assisted Living, Nursing Home, Medical & Professional Offices, Doctor, Insurance, Real Estate, Hotel/Motel, Restaurant, Shopping Center, Laundry/Dry Cleaning, & More. No Warehouse Use Without Retail Space &/Or Office Space & Would Still Need City Approval Of Site Development Plan. Property Located Across Street From Residential Neighborhood & One Block From Major State Road, SR 33 aka Commonwealth Ave. 2023 Daily Traffic Count On SR 33 Was 11, 660 An Increase Of Over 11% Since 2021. SR 33 Connects Polk City To Lakeland With Access To Interstate, I-4. Polk City Is A Rapidly Growing Community Featuring Recreational Sites Including The Gen. Van Fleet Nature Trail, Multiple Freshwater Public Access Lakes & Businesses Such As Amazon, Pepsi, BestBuy, Dollar General & Established Pharmacy, Restaurants, Hardware, Convenience Stores All Nearby. Plus The Florida Polytechnic University Campus & Two Industrial Parks Are Also Nearby, Less Than 6 Miles To The South Near I-4. Polk City Has Also Added Over 400 New Homes Just South Of This Location And More Are Coming Soon. There Are Multiple Strip Malls In Development & A New Gas Convenience Store Also Coming Soon. Listing Prices Of Commercial Land Nearby I-4 & Polk City Are Asking Up To $800k+ Per Acre. At Our List Price Of $85k, That's Just $293, 103 Per Acre. Polk City Is One Of The Last Towns Along Interstate I-4 That Has Not Been Overly Commercialized But It's Coming. This Property Would Also Be A Great Invest To Buy & Hold While Property Prices Continue To Rise.
Features
- Lot Size: 100 x 125
- Lot Desc: Buildable, City Lot
- Elem. School: Polk City Elem
- Middle School: Stambaugh Middle
- High School: Tenoroc Senior
- MLS#: L4948696
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/L4948696/1ststreet_polkcity_fl?source=qrflyer
Listing courtesy of TRINKLE REALTY Phone: 863-937-9690
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1st Street, Polk City, FL, 33868
$85,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $68,000 | $68,000 | $68,000 |
| 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 | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $452 | $452 | $573 |
| Total Monthly Payment | $527 | $527 | $648 |
* 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