SELLER FINANCING AVAILABLE! Astatula has approved residential subdivisions that will increase their population by over 50% in 2024 and 2025. Perfect place to set up your business and/or bring in some commercial rental income. Prior to having access to Sewer & Water this C-1 Commercial land of 2. 54+/- acres was approved for up to 20, 000sf of building. Possibility to increase footprint now with Sewer & Water being available now. Access granted through the private sewer system from the Tula Parc subdivision. Water available now, sewer plant should be operational by Fall 2024. Fiber Optic adjacent to parcel provided by OpticalTel. See below for Zoning Regs and what is allowed in C-1 for the Town of Astatula (MULTIPLE USES ALLOWED).
This C-1 Commercial land is 2. 518+/- acres and was approved for up to 20, 000sf of building. Eastern portion only of parcel ID 29-20-26-0100-00A-00600, awaiting new Parcel ID for this portion of commercial land from Lake County Property Appraiser.
Multiple Commercial uses allowed, Retail, Office, Flex, Office/Warehouse, Church Facility, Laundry, etc. Approved for up to 20, 000sf building.
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William Raveis Real Estate
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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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $211 | $211 | $211 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,147 | $6,147 | $8,429 |
Total Monthly Payment | $6,483 | $6,483 | $8,765 |
* 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.