Rare waterfront multifamily investment opportunity in Dundee, Florida. Located along Scenic Highway, this 9-unit property sits on just over one acre with beautiful waterfront views and strong income potential.
Utilities are currently paid by ownership and include two electric meters, one water meter, and one gas meter, with the ability to add up to seven additional electric meters, creating significant potential to increase value by separately metering units in the future. The spacious parcel and desirable waterfront setting add long-term appeal for both tenants and investors.
Located in a convenient Central Florida location with easy access to surrounding communities, this property presents a compelling opportunity to expand or enhance an existing multifamily portfolio.
Seller financing available with approximately 25% down, offering additional flexibility for qualified buyers.
1210 STATE ROAD 17 S, Dundee, FL, 33838
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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