Under contract-accepting backup offers. LOCATION! LOCATION! LOCATION! Unbelievable opportunity to build your own Commercial building in the heart of Lake Nona on a 1. 17 acre PRIME piece of real estate with pond & road frontage! This is a gorgeous piece of land situated in a Premier location at the intersection of Moss Park Rd & Storey Park Blvd! This site was originally purchased for construction of a Day Care/Office & is approved for such, but can be improved with higher intensity Commercial uses. This site already has off-site retention in place, Utility Stub-outs, a signalized intersection, is a stone's throw away from the 417 Greenway, less than 10 minutes from Orlando's Int'l Airport, less than 2 miles from the 528 Beachline & less than 30 minutes from all local theme parks & attractions. Major business anchors have made Lake Nona their home such as KPMG National Training Center, USTA, Nemour's Pediatric Hospital, VA Hospital, UF College of Medicine and so many more in Lake Nona's Medical City. A Pediatric Physician's Office Building is currently being constructed on the adjacent lot to the North of this site. This is the Commercial Portion of the 108-acre Moss Park Preserve Development (Moss Park PD- Planned Development)- Class A Multi-Family (262 units) & Single Family Homes (122 units). While a portion of this land is below grade with Fill being required to prepare the site for development, the adjacent site to the North has already filled the portion of the shared Access Easement at the site's West elevation along the road. Additionally, drainpipes for water run-off have also been installed by the adjacent property owner. This site is served by off-site retention to the South. While a very small area along the East boundary appears to be jurisdictional wetlands, this area will not impact future development. Come take a look at this PRIME piece of land!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,354 | $8,043 | $11,059 |
Total Monthly Payment | $8,479 | $8,168 | $11,184 |
* 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.