COMMERCIAL REAL ESTATE OPPORTUNITY in Howey-in-the-Hills, FL - Located in the heart of downtown Howey-in-the-Hills, this commercial property boasts a prime location with highway frontage on SR 19 and excellent visibility from high drive-by traffic. Most recently operating as a local grocery store, ice cream shoppe and deli, this versatile space is ready to meet the needs of a community hungry for new business opportunities. Key Features include Prime Location: Situated at the bustling intersection of SR 19 and Central Avenue. High Visibility: Positioned across from City Hall, the Library, Police Station, and adjacent to the town’s Doctor's Office. Versatile Space: Flexible layout suitable for a kitchen, retail store, restaurant, hair salon, or office space. This is a rare opportunity to own property in a quaint, family-oriented town. This property offers endless potential for an ambitious entrepreneur ready to make their mark as the commercial hub of this charming community. With a growing need for businesses in the area, this space is ideal for creating a thriving destination that serves locals and visitors alike. Schedule your showing today and envision the possibilities for this fantastic property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,991 | $3,987 | $5,144 |
Total Monthly Payment | $4,571 | $4,567 | $5,724 |
* 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.