Under contract-accepting backup offers. This amazing commercial & historic building, designed by nationally famous architect Gene Leedy, is offered for sale to new ownership. The modern construction, mainly built with pre-stressed concrete Double-T, consists of a total build of 22, 228 sqft (with possibility to add an additional floor) & encompasses over an acre of land that is located in the heart of Winter Haven. The Medical complex is located close to the hospital for easy access to all medical services. The class C building has over 150 parking spaces and sits in a Flood zone X. The Zoning District is MX with overlays of Primary Activity Center, Urban core with a zoning description of Multifamily Res-R-3. The possibilities are endless whether the new buyer is an end user, developer, commercial user or looking to move their medical operation to one location. The current owners would entertain a leaseback on the location as they build out their new location. There is additional acreage that is available for sale. The Medical building and the 4 parcels that are for parking total 1. 46 acres - todays's prices would be $500/ SF to build!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
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 | $3,040,000 | $3,040,000 | $3,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $2,290 | $2,290 | $2,290 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,481 | $20,225 | $27,112 |
Total Monthly Payment | $22,896 | $22,640 | $29,527 |
* 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.