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10625 1st STREET E, Treasure Island, FL, 33706 | $3,600,000
CHANGE OF PLANS brings a highly unusual and unique 10, 000+ sq. ft, Treasure Island property back to the market. Consisting of 8 various sized, fully leased, entrepreneur-type office units situated on the second floor generating $4, 476. 00 monthly and a ground floor dog grooming operation (Woof Gang Grooming) on a 5 year lease producing $1, 567. 00 monthly. The remaining first floor 4, 600 sq. ft. is currently vacant and strategically laid out for a professional medical facility (ie: doctor, dentist, veterinary) type operation but the C-2 zoning allows for a plethora of additional operations including but not limited to retail, office (ie: insurance or real estate) and restaurants. The metal studs are in place defining a possible layout which can be altered. Lines for both sewer and water (new from the street in) are installed with cast iron removed and replaced. Various electric upgraded and the very durable Hardie cement board installed on entire west side of building soon to be stuccoed and painted. West side also includes brand new hurricane resistant doors and windows. There are a total of 29 parking spaces with front and rear alley access on a lot measuring 99’ x 134’. Brand new roof installed 1/10/25 with transferrable warranty. New HVAC scheduled to be installed on second floor. Drive-by only please.
Features
- Property Type: Mixed Use
- Construction: Block, Concrete
- Utilities: Electricity Available, Public
- Garage: 19 to 30 Spaces
- Levels: 2
- Heating: Central, Wall Units / Window Unit
- Cooling: Central Air, Wall/Window Unit(s)
- Units: 10
- Lot Size: 99 x 134
- Year Built: 1959
- Approx Sq. Feet: 10,000
- Acreage: 0.31
- Est. Taxes: $19,670
- Lot Desc: Central Business District, Corner Lot, Flood Insurance Required, FloodZone, City Lot, Infrastructure In, Street Lights
- MLS#: TB8339375
- Days on Market: 6 days
- Website: https://www.raveis.com
/prop/TB8339375/106251ststreete_treasureisland_fl?source=qrflyer
Listing courtesy of CENTURY 21 JIM WHITE & ASSOC Phone: 727-367-3795
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10625 1st STREET E, Treasure Island, FL, 33706
$3,600,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
| 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 | $1,639 | $1,639 | $1,639 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,920 | $18,441 | $25,286 |
| Total Monthly Payment | $20,684 | $20,205 | $27,050 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388