1126 Florida AVENUE, Palm Harbor, FL, 34683 | $875,000

Introducing 1126 Florida Ave, a distinctive commercial real estate opportunity situated at the corner of Florida Ave and 12th Street in the heart of historic downtown Palm Harbor. This property boasts a unique blend of history and modern potential, featuring two buildingsā€”an existing historic gem (1126 Florida Ave) and a space primed for redevelopment (1021 12th St. ). With approved plans for four commercial units, the vision includes preserving the charm of the historic structure while introducing three new, contemporary spaces. This strategic corner location ensures maximum visibility and foot traffic, making it an ideal setting for businesses looking to thrive in a vibrant community. The versatile mix of old-world allure and future-forward design creates a canvas for various ventures, from boutique retail to dynamic office spaces. Seize the opportunity to be part of the rich tapestry of Palm Harbor's historic district before it's gone.

Features

  • Property Type: Retail
  • Construction: Block, Stucco, Wood Frame
  • Utilities: BB/HS Internet Capable, Water Connected
  • Cooling: Central Air
  • Units: 2
  • Lot Size: 50 x 90
  • Year Built: 1945
  • Approx Sq. Feet: 1,894
  • Acreage: 0.1
  • Est. Taxes: $8,314
  • Lot Desc: Corner Lot, Historic District
  • MLS#: U8220223
  • Days on Market: 153 days
  • Website: https://www.raveis.com
    /prop/U8220223/1126floridaavenue_palmharbor_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 5/21/2024 7:37:08 AM)
Listing courtesy of PAPPAS REAL ESTATE LLC   Phone: 727-940-5395

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1126 Florida AVENUE, Palm Harbor, FL, 34683

$875,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment $693 $693 $693
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,775 $4,599 $6,243
Total Monthly Payment $5,560 $5,384 $7,028

* 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.