Exceptional Investment Opportunity: Three Parcels with Structures on Woodland Boulevard. We are excited to present a remarkable investment opportunity encompassing three strategically located parcels along Woodland Boulevard. This prime property features three existing structures and is zoned for mixed-use development, offering investors the flexibility to create profitable ventures tailored to the needs of the community. The properties at 2480, 2490, and 2498 Woodland Boulevard are being offered in "as-is" condition, and the seller is open to including all existing assets on the property, including the current business operations. Situated in close proximity to International Speedway Boulevard and just outside historic Downtown DeLand, these parcels benefit from excellent visibility and accessibility. This vibrant area is ripe for development, making it an ideal location for retail, office, or mixed-use projects. With the potential for significant appreciation and an array of development options, this opportunity is not to be overlooked. Whether you are looking to renovate existing structures or start a new venture from the ground up, these parcels provide a solid foundation for success. Seize this unique opportunity to invest in a promising future. Contact us today for more information and to schedule a viewing. **The info in MLS is thought to be correct but not guaranteed**
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
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 | $267 | $267 | $267 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,080 | $8,964 | $12,292 |
Total Monthly Payment | $9,472 | $9,356 | $12,684 |
* 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.