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603 E Orange AVENUE, #C, Eustis, FL, 32726 | $264,900
Under contract-accepting backup offers. Investors!! Great property located just blocks from Downtown Eustis within the RT Future land use district. Fourth unit has been started above garage for extra income potential. Please see attachments for permitted uses which include Multifamily. This property has a flexible floor plan with ample parking on both sides of the home coming off Orange Ave and N Mary St. There are multiple individual entrances and there are currently three kitchens. Potential to add Sq/Ft above the garage which has already been started. First floor of the building has a 1 bedroom and 1 bathroom apartment as well as a 4 bedroom and 2-bathroom unit. Second floor has a 2 bedroom and 1 bathroom unit. A fourth unit has been started in the 2-story garage which houses a full bathroom and a separate sharable laundry room. Downtown Eustis is known for its small-town atmosphere, historic architecture, and community focused environment. It features a mix of local shops, restaurants, and parks with picturesque waterfront views along Lake Eustis. In the near future downtown just 5 blocks from this unit are poised for significant change with the development of three city blocks. This initiative aims to enhance the downtown experience by introducing new commercial spaces, residential units, and recreation areas. New roof, and Termite bond with Terminix and is transferrable. Sold As-Is. Agent related to Owner. Owner is a licensed Realtor.
Features
- Units: 3
- Lot Size: 99 x 107
- Laundry: In Garage
- Year Built: 1914
- Garage: 1-car
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 2,749
- Acreage: 0.24
- Lot Size: 99 x 107
- Est. Taxes: $1,221
- Appliances: Microwave, Range, Refrigerator
- MLS#: O6258258
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/O6258258/603eorangeavenue_eustis_fl?source=qrflyer
Listing courtesy of KONA REALTY SERVICES LLC Phone: 407-960-6844
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
603 E Orange AVENUE, #C, Eustis, FL, 32726
$264,900
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $211,920 | $211,920 | $211,920 |
| 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 | 7.443% | 7.133% | 6.256% |
| Monthly Tax Payment | $102 | $102 | $102 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,428 | $1,408 | $1,787 |
| Total Monthly Payment | $1,605 | $1,585 | $1,964 |
* 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