4. 7 acres MOL of Prime Commercial Real Estate! Located just one stoplight from the Suncoast Parkway and just beside the Hernando County Utility Department and Tampa Bay Times buildings. Property has split zoning. The south half closest to Cortez Blvd is zoned PDP (GC) and is 2. 5 acres. The north half is zoned PDP (OP) and is 2. 17 acres. Annual Average Daily Traffic Count at Cortez and Winter Street Stop Light is 24, 500! Property can seen from the stoplight. No flood zone. Level. The single family home on the property is not livable, but conveys; may or may not be savagable. Well and septic there, but not guaranteed as working or useable. Impact fee credit may apply, but not guaranteed. Being sold as vacant land. This is a large commercial property with a lot of potential. Originally planned to be a location private school, but many uses are available. Call for more details or a list of potential uses. Great opportunity for a growing business.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $765 | $765 | $765 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,456 | $4,459 |
Total Monthly Payment | $4,403 | $4,312 | $5,315 |
* 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.