7240 Weeping Willow STREET, Brooksville, FL, 34613 | $349,000

Rare Opportunity To Acquire A Prime Commercial Land Parcel Spanning Approximately 0. 84 Acres In The Heart Of Spring Hill's Largest Commercial District. This Strategically Located Property, Zoned GC (General Commercial) which has Water And sewer Connections In Place. Situated At The Corner Of Weeping Willow Street The Property Is Positioned On The Frontage Road of Cortez Blvd. (SR Hwy 50). This Elevated Property With Clear Sight Lines To Cortez Blvd. , Boasts A Remarkable 41, 000 VPD For Maximum Exposure. Perfect For A Large Free-Standing Sign To Capture Attention. General Commercial Zoning Allows For A Wide Range Of Commercial Uses, Making It An Ideal Investment Opportunity. Site Is Situated At The Entrance To Western Way Shopping Plaza Within Walking Distance To The Beacon Movie Theater, Arby's, Wendy's, Texas Road House, Carrabba's, Bealls Outlet, Walgreens, Dollar General And Planet Fitness Located In The Shopping Plaza. Just Down The Street From Walmart, Sam's Club, Hobby Lobby, Ross, Marshalls, Michaels, Cheddars, Longhorn And Glory Days. Also Located On Cortez Is Oak Hill Hospital And A New Residential Subdivision With Over 250 Homes. Not Far From US 19 And 589 The Suncoast Parkway Which Is Used By Tampa And Ocala Travelers. This Is A Turnkey Opportunity For Entrepreneurs, Developers, Or Investors Looking To Capitalize On A Strategically Positioned Commercial Property. Don't Miss Out On The Chance To Establish A Thriving Business In A High-Traffic, High-Visibility Location. Contact Us Today To Explore The Possibilities!

Features

  • Lot Size: 257 x 142
  • Lot Desc: Buildable, Corner Lot, In County
  • MLS#: W7841251
  • Days on Market: 783 days
  • Website: https://www.raveis.com
    /prop/W7841251/7240weepingwillowstreet_brooksville_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/15/2024 3:07:40 PM)
Listing courtesy of KW REALTY ELITE PARTNERS   Phone: 352-688-6500

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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
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7240 Weeping Willow STREET, Brooksville, FL, 34613

$349,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $279,200 $279,200 $279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,905 $1,856 $2,355
Total Monthly Payment $1,980 $1,931 $2,430

* 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.