SELLER IS MOTIVATED, JUST REDUCED BY $50, 0000. ENCOURAGING OFFERS!
Some photos have been staged for visualization purposes. Nestled in the heart of Bradenton, this prime piece of real estate on 26th Street West is a gem waiting to be discovered. Imagine the potential! With professional businesses on each side, this location is a testament to its desirability. With approximately 17, 500 automobiles passing by daily, the possibilities here are endless. This property comes with a versatile zoning classification. Currently zoned as Residential Duplex Districts (RDD-3, RDD-4. 5, RDD-6), it's perfect for medium-density residential development, including single-family and duplex homes.
Additionally, it allows for residential support uses and limited non-residential activities. Residential Support Use are possibilities like: Churches or Other Houses of Worship, Child Care Centers, Accessory Child Care Facilities, Family Day Care Homes, Environmental Education Facilities, Schools (elementary, middle, high, or college/university; public or private; or schools of special education)
Looking to the future, the property's Future Land Use designation includes OL (Low Intensity Office), CON, RSF-3, RSF-4. 5, RSF-6, RSMH-4. 5, RSMH-6, RDD-3, RDD-4. 5, RDD-6, RMF-6, PR-S, PR-M, MP-I. Low Intensity Office Use opportunities are various office activities with minimal impact on the surrounding area. Think professional offices like law firms, accounting offices, or small consulting businesses.
For precise definitions and regulations regarding "Low Intensity Office Use" in Manatee County, I recommend consulting the Manatee County Land Development Code or reaching out to the Manatee County Planning Department. Remember, zoning codes can vary, and it's crucial to get all the details you need.
Opportunity is knocking, my friends! Don't miss out on this fantastic property. Explore the potential that awaits you here!
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,571 | $1,571 | $2,002 |
Total Monthly Payment | $1,646 | $1,646 | $2,077 |
* 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.