Highly visible, 1+/- acre corner lot with approximately 274 feet of road frontage on South St, minutes from The Villages. The property offers excellent accessibility from traffic traveling both directions on South St. According to the FDOT website, this section of South St sees an annual average daily traffic count of 18,500 trips. The 2,501+/- SF building on the property has plenty of paved parking. The lot size offers potential for future construction of an additional building. This property is located Just down the street from the new Ring Power facility, Leesburg schools and several churches. I75 and the FL Turnpike are easily accessible from this location.
2501 SOUTH STREET, Leesburg, FL, 34748
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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