Zoned "D" for Downtown Clearwater! ***CITY OF CLEARWATER OFFERS MANY FINANCIAL INCENTIVES FOR OWNERS AT THIS LOCATION!!! Call today for City Planner contact information to see if your business qualifies!*** AMAZING opportunity to own an office, storefront, restaurant space, pizzeria, coffee shop, ice cream parlor, nail salon, barber shop, etc. in the BRAND NEW REDEVELOPED area of Downtown Clearwater! The Mercado is right across the street (coming this Fall!), which will bring plenty of FOOT TRAFFIC and food trucks to YOUR commercial area! This free-standing building was fully remodeled in 2023- including NEW AC, NEW roof, NEW ceilings, NEW laminate flooring, NEW tankless water heater, NEW toilet & vanity in the bathroom, NEW plexiglass windows, NEW recessed lights, NEW exterior lights, and a NEW interior & exterior paint job! You won't want to miss this chance- make a smart investment today! Building is 100% ready for its new owner to come and reimagine the space however it's needed to work for YOU! PLENTY OF PARKING available, due to its location on a cul-de-sac parallel to Gulf to Bay, plus the new street parking directly on Gulf to Bay! ***OWNER FINANCING AVAILABLE- call today to discuss terms!***
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $87 | $87 | $87 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,724 | $1,701 | $2,158 |
Total Monthly Payment | $1,886 | $1,863 | $2,320 |
* 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.