4708 W Irlo Bronson Memorial HIGHWAY, Kissimmee, FL, 34746 | $7,899,000

7. 5 acres with 4400 sq ft building in exceptional high traffic, Central Florida location! Ideal for an expansive entertainment complex, hotel, multi-family development, commerical or short-term rental project. There's a direct turn-in lane in place for drivers traveling East AND West on Route 192 for easy access without U-turns. Close proximity to Disney World, Old Town, Hotels and Shopping. The current business, Kissimmee Go-Karts is home of the LARGEST track in Central Florida (almost 1 mile long) where riders race over and under 3 bridges on the fastest carts around! Sale includes a 4400 sf building (currently utilized as arcades, bathrooms and office facilities), equipment, inventory, a live Alligator exhibit and 7. 5 total acres of land. Only 4 acres are currently utilized for the existing business, so there's plenty of room for expansion or Buyer can repurpose the entire 7. 5 acres.

Features

  • Lot Size: See survey
  • MLS#: O6158900
  • Days on Market: 182 days
  • Website: https://www.raveis.com
    /prop/O6158900/4708wirlobronsonmemorialhighway_kissimmee_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 5/23/2024 8:47:23 PM)

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4708 W Irlo Bronson Memorial HIGHWAY, Kissimmee, FL, 34746

$7,899,000

Mary Ellen Clark

Sales Associate

William Raveis Real Estate

Phone: 413.627.6683

Maryellen.Clark@Raveis.com

John Carlos Machado

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.604.0905

JohnCarlos.Machado@raveis.com

NMLS Mortgage Loan Originator ID 2064879

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,319,200 $6,319,200 $6,319,200
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% 6.976%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $42,574 $41,513 $55,919
Total Monthly Payment $42,699 $41,638 $56,044

* 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.