Located in one of the fastest-growing regions of Southeast Hillsborough County, 10070 Fern Hill Drive offers an exceptional opportunity. This property spans 3. 74 acres MOL and features a prominent freestanding retail building with a total area of 8, 000 sq ft. The first floor, which encompasses nearly 6, 000 sq ft, boasts a large open space with a commercial kitchen, making it ideal for various uses, such as retail, dining, or event hosting. The second floor adds an additional 2, 000 sq ft, including four private offices, open areas, storage, and two bathrooms.
Strategically positioned with high visibility from Gibsonton Dr (AADT 15, 200), this property is perfectly situated for an owner user or redevelopment. The expansive land and prime location offer significant potential for future growth. For those interested in exploring this opportunity further, please contact us to schedule a private showing. This is an ideal chance to invest in a high-exposure property in a dynamic area of Riverview.
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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 | $2,760,000 | $2,760,000 | $2,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $3,988 | $3,988 | $3,988 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,131 | $17,673 | $24,233 |
Total Monthly Payment | $22,244 | $21,786 | $28,346 |
* 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.