Forget about the corner of healthy and happy we have the corner of opportunity and location! If location truly is everything then we have it all. The only corner currently available for sale on the East side of I-75. Existing structure was built in 1997 but has been well kept and maintained. Approximately 210 feet on Belt Ave/CR 48 by 310 feet on SW 18th Terr. 1. 48 acres. 3810 sqft building space with large drive through space under cover. Currently has 3 income producing tenants on-site through the end of 2024. The existing building has the potential to be expanded or there is enough space left to build another structure for an additional income or for your own business endeavor. Currently zoned for restaurant or retail, however the area calls for mixed use commercial. Don’t want to be a landlord? Would you prefer to develop and build to suit and ground lease? The location alone is worthy of a large commercial tenant. EASY access in and out, with no traffic medians at this time. Access to existing city WATER AND SEWER services. Conveniently located less than 1/2 mile from Interstate 75. Existing surrounding businesses include but are not limited to Starbucks, McDonalds, Burger King, Taco Bell, KFC, Subway, Wal-Mart, Shell gas station, Murphy gas station, Loves truck stop, Sonny’s BBQ, Popeyes Chicken, Kauffman Eye Center, and more. Three SunOutdoor RV communities a stones throw from this location with over 1, 500 residences in the immediate surrounding area. 45 mins to Ocala and 1 hour to Tampa. They say opportunity only knocks once, so don’t miss this chance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
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 | $333 | $333 | $333 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,821 | $8,708 | $11,941 |
Total Monthly Payment | $9,278 | $9,165 | $12,398 |
* 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.