This 8-acre mixed-use property, located on the busy Veterans Memorial Parkway in Orange City has with 1150 ft+/- of frontage, offers an exceptional development opportunity in one of Central Florida’s fastest-growing areas. The site is surrounded by high-traffic shopping centers and is within 2 miles of two major hospitals and I-4, providing excellent access to both Central Orlando and Daytona Beach (just 30 minutes away).
The area is home to numerous medical businesses and services, making this location ideal for medical offices, senior care, or related industries. The property is directly across from an Assisted Living facility, further enhancing its appeal to healthcare and senior-focused ventures. With new construction projects underway nearby, this location is becoming a prime business and development hub.
The property features a highly visible corner lot with ample frontage on Veterans Memorial Parkway, perfect for a water fountain feature and business signage to draw attention. The site is ready for immediate development, with mixed-use zoning allowing up to 18 units per acre and the possibility to build up. Public water and sewer are available, making it an ideal choice for both commercial and residential development.
With its strategic location, zoning flexibility, and proximity to key medical centers, this property offers tremendous potential for a wide range of development projects. Don’t miss the opportunity to invest in one of Orange City’s hottest locations. Contact us today for more details!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $908 | $908 | $908 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,432 | $9,080 | $12,486 |
Total Monthly Payment | $10,465 | $10,113 | $13,519 |
* 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.