CAR REPAIR &SALES FRONTING SR 434
Three separate parcel ids: vacant lot 06-21-30-300-0188-0000, Bldg 800 Sr 434 -06-21-30-504-0000-0010 and bldg 806 06-21-30-300-018B-0000 are being sold.
Bldg 800 is leased thru March 31, 2027, with a long term tenant. This is a 2640 sq ft metal building with a resealed (2022) metal roof. Current use is car repair.
Building 806 is a 1710 sqft block masonry building with a 2019 shingle roof. This building has been used for 25 years for car sales. There are two separate electric meters for these two attached buildings. The vacant lot runs behind the two buildings. There is a clean Phase One report available. Building 806 is also available for Lease with an option for 1270 sq ft or 1670 sq ft. Both buildings have phase three power. There are three curb cuts and road signage!
Fronting SR 434, these buildings are across the street, slightly west, of the Orlando Health Hospital. The parcel to the west of this property is new development. I4 is 2 miles away. This is an area of amazing growth and opportunity.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $69 | $69 | $69 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,059 | $5,059 | $6,902 |
Total Monthly Payment | $5,220 | $5,220 | $7,063 |
* 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.