Location is key and this prime piece of commercial real estate is located just 1. 5 miles from the NEW Amera Center Community Development. There are 7 lots to be sold together for a total of 1. 33 acres. These lots are the perfect location for a small shopping plaza, medical or dental office building, or restaurant. Survey is being completed. All lots are zoned OCR (Osceola Commercial Restricted) which is an old and unused code. The lots need to be rezoned to the current commercial code and the Zoning dept. has stated that commercial is the future use code and will be granted without issue. It's a 3-4 month process and a $2, 400 fee per form. Osceola Co. Development codes and permissible uses are located in the attachments. Setbacks for General Commercial are 25' from rear, and 10' from sides, with front/street side setback open(N/A). The options and possibilities are endless. A few of the options include a day care facility, gym, kennels or stables for boarding facilities, zoo, nursery, nursing home, convenience retail with gas pumps or residential over commercial businesses. This property is perfect for almost anything you can think of. What will you build? All information is deemed reliable but should be verified by Buyer.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $532 | $526 | $670 |
Total Monthly Payment | $607 | $601 | $745 |
* 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.