Deland Commercial Building - Located directly behind Northgate Shopping Center and just off of 1792/Woodland Blvd in DeLand. Currently running as an automotive shop. This property offers a garage space, office, and apartment with full kitchen and bath. The main garage space is 30x30 with three bay doors, two side-by-side bays and one front/rear, drive through bay. Three hundred square feet of office and half bath are accessible from the front of the building and the main garage. Sale includes three lifts : Interior FORWARD AUTOMOTIVE Lift 9000 Extended Height and two exterior lifts, one FORWARD Lift 9000 Extended Height under a metal canopy and a Four Post Lift with Alignment Rack, 35000 lbs capacity, 335 inches with two Rolling Jacks. The back apartment is accessible through the rear of the building through a private entrance. Approximately 700 sq ft, the loft apartment offers a downstairs kitchen with oven and refrigerator and a downstairs bathroom with step-in shower unit. The upstairs loft area is spacious enough for a bed, couch, and additional furniture. The back of the property offers storage and additional awnings. Some specialty tools and equipment offered in the sale.
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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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $128 | $128 | $128 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,964 | $3,772 |
Total Monthly Payment | $3,147 | $3,184 | $3,992 |
* 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.