Under contract-accepting backup offers. DUE TO ONGOING HEALTH CONCERNS WE HAVE ADJUSTED PRICE DRAMATICALLY. Dont miss this once in a life time opportunity at a major discount! An exceptional commercial real estate opportunity awaits you in Dunedin, FL, the brightest jewel in the crown of Florida’s beautiful Sun Coast. Ideally located on the Dunedin Causeway, the land bridge that spans Clearwater Bay, from the mainland to the popular Gulf of Mexico beaches of Honeymoon and Caladesi Island State Parks, this meticulously maintained property offers breathtaking water, island and sunset vistas, and is only a 25-minute drive from Tampa International Airport. This property is the last commercial building on the Causeway before reaching the water and Honeymoon Island, the most popular state park in Florida, and third most visited state park in the US, boasting over 1. 5MM happy beachgoers annually. This area is well known for its outstanding outdoor activities, including cycling, hiking, fishing, boating, kayaking, jet skiing and more. Cycling is particularly popular here, because just a few blocks from this property, Causeway Blvd intersects with the Pinellas Trail, the busy bike path that extends the entire 45-mile length of Pinellas County, from Tarpon springs in the north to St. Petersburg in the south. Situated on a corner lot within a stone’s throw of the emerald green waters of Clearwater Bay, this 15, 000 sq ft professionally landscaped property offers 125 ft. of Causeway frontage, and a modern 3, 240 sq ft building extensively renovated and updated to the latest codes in 2017/2018. Take ownership of the existing business in place, Barracuda Bob’s Island Surf & Sports, or bring your own multi-million-dollar ideas to transform this blank canvas into your own personal masterpiece. An incredible investment opportunity, the real value here isn’t just your stand-alone business that will thrive here, but more so in the continued rapid appreciation that properties along the Causeway will experience over the next decade and beyond. This is truly your chance to live the dream. This is your once-in-a-lifetime opportunity to seize the incredible potential of this unique commercial property and leave your indelible mark on the city of Dunedin. Act now, CALL ME TODAY!
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,546 | $7,358 | $9,911 |
Total Monthly Payment | $7,671 | $7,483 | $10,036 |
* 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.