29114 Cortez BOULEVARD, Brooksville, FL, 34602 | $975,000

Highly Visible Commercial Property in Prime Location! Take advantage of an incredible opportunity to own prime commercial real estate in a high-visibility location in Hernando County - located in one of Florida's most rapidly growing areas. With direct frontage on Cortez Boulevard (SR50), this property sees over 20, 000 daily vehicular traffic volume and offers convenient access to I-75. This property's C2 zoning allows for a variety of commercial uses, making it an ideal location for businesses looking to expand or establish a new presence in the area.
The main building, constructed in 1980, offers 2, 691 square feet of space, providing plenty of room for offices, retail space, or other uses. The detached garage, built in 2009, features 630 square feet of enclosed storage/garage area and 1, 574 square feet of auxiliary area comprising covered porch areas and an oversized carport measuring 24x44. With its ample space, this property offers the potential for significant rental income from multiple sources. Don't miss out on this rare opportunity to own prime commercial real estate in a highly visible location with incredible potential. Three parcels included to equal 3. 1 Acres MOL. Current Leases in place. Contact us today to schedule a viewing!

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Levels: 1
  • Cooling: Mini-Split Unit(s)
  • Lot Size: 100 x 200
  • Year Built: 1980
  • Approx Sq. Feet: 2,343
  • Acreage: 0.92
  • Est. Taxes: $4,723
  • MLS#: W7854586
  • Days on Market: 295 days
  • Website: https://www.raveis.com
    /prop/W7854586/29114cortezboulevard_brooksville_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 5/14/2024 12:47:08 PM)
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP   Phone: 352-688-2227

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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

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29114 Cortez BOULEVARD, Brooksville, FL, 34602

$975,000

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 $780,000 $780,000 $780,000
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 7.877% 6.977% 7.041%
Monthly Tax Payment $394 $394 $394
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,321 $5,124 $6,956
Total Monthly Payment $5,807 $5,610 $7,442

* 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.