2505 E ORANGE AVENUE, Eustis, FL, 32726 | $375,000

Buyers financing fell thru! Great commercial building, it's currently vacant. In the past this was a hair salon. There are 4 main offices. Two and 1/2 baths. The building could be and has in the past been occupied by 2 different tenants, because the many exterior doors allows for easy ingress and egress from many rooms. The kitchen has all of the cabinets as well as space for refrig, stove, dishwasher, though none of those are present. This building is located on E. Orange ave in Eustis in a growing area. circle K store lose by, dollar general across the street from this property. High traffic counts of 44 E. There are 2 septic tanks, I have the reports on these is needed. One tank is 1050 gallons, concrete, the other is 350 gallon, also concrete. Drain field area is 750 sq. ft. There are 2 A/C units for the central area cooling. The window unit in one Of the back rooms was once a garage and now enclosed with the window unit. The back yard has now been fenced in with new all new matierials as well as a gate.

Features

  • Property Type: Office
  • Construction: Block, Wood Frame
  • Utilities: Natural Gas Available, Public, Water Connected
  • Garage: 6 to 12 Spaces
  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)
  • Year Built: 1953
  • Approx Sq. Feet: 2,086
  • Acreage: 0.34
  • Est. Taxes: $2,397
  • Lot Desc: Central Business District
  • MLS#: O6022867
  • Days on Market: 286 days
  • Website: https://www.raveis.com
    /prop/O6022867/2505eorangeavenue_eustis_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 5/7/2024 10:32:10 PM)
Listing courtesy of WATSON REALTY CORP   Phone: 352-536-6530

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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2505 E ORANGE AVENUE, Eustis, FL, 32726

$375,000

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 $300,000 $300,000 $300,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.538%
Monthly Tax Payment $200 $200 $200
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,021 $1,994 $2,572
Total Monthly Payment $2,296 $2,269 $2,847

* 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.