2. 2 +/- Acres with 280+/- of frontage on US Hwy 441 as well as 200’ +/- frontage on Dora Ave in a major
commercial, retail, and hospitality corridor in the Orlando MSA. This property has great development
potential and is located immediately off of the South side of US 441, just west of SR19 in a highly
developed principal arterial corridor of Eustis. Daily traffic count of 60, 000+/-. Located ½ mile from
AdventHealth Waterman and next to Golden Corral and Sonny’s BBQ. Some trees are on the property
and could be strategically used in development.
The property's current land use is GC, General Commercial by the City of Eustis Zoning Authorities. The
purpose of this district is to provide an area consisting of primarily freestanding commercial land uses
serving both motorists and local residents.
The highest and best use for this site is for commercial development, including medical offices and
retail. Several uses are permitted under the general commercial district ranging from retail, auto sales
and industry, restaurants, food and beverage, convenience stores, and car washes.
Maximum building height as designated by The City of Eustis is 35' feet, minimum open space of 10%,
and maximum impervious surface at 75% of net buildable area.
Additionally, the property has frontage on Dora Ave. , making it a highly visible with flexible uses.
Neighboring properties are Highway Commercial, Retail and office space off the back side on Dora Ave.
Excellent access and Visibility. Retention area is in place off–site with formal agreement in place. The
property consists of 3 lots being sold together. Don’t miss out, this is one of the few vacant properties
remaining on this highly developed stretch.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.375%||6.875%||7.000%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||6.977%||7.207%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$6,630||$6,307||$8,629|
|Total Monthly Payment||$6,755||$6,432||$8,754|
* 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.