DISCOVER YOUR DREAM DEVELOPMENT OPPORTUNITY!!! This listing screams LOCATION, LOCATION, LOCATION!!! This two-parcel sale is located on the corner of East Bay and Belcher Roads and offers HIGH TRAFFIC and MAXIMUM VISIBILITY reaching over 63, 500 daily. This rare opportunity offers a multitude of potential and return on investment. Located along the heavily travelled Belcher Rd, this nearly one-(. 98) acre property offers flexibility to bring your dream project to life whether retail, medical, or flex.
This listing also features a 3520SF industrial building currently serving as a successful auto repair shop (4 Bays with Rolling Doors) with its own lobby, two separate self-contained offices with 2 bathroom, and plenty of parking and room to expand. Less than a mile away from US 19, it is surrounded by multiple, high retail and commercial businesses such as Publix, Chase Bank, Tijuana Flats, CVS, Goodyear Tires, Verizon store, and more, and is central to Saint Petersburg, Clearwater and Tampa.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $651 | $651 | $651 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,195 | $8,959 | $12,411 |
Total Monthly Payment | $9,971 | $9,735 | $13,187 |
* 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.