6447 Grand National DRIVE, Orlando, FL, 32819 | $18,000,000

BACK ON THE MARKET. A RARE OPPORTUNITY!!!! Approximately 8. 47 acres of prime land with highway frontage across from the Orlando International Premium Outlet Mall. Zoned AC-3/SP. Perfect for multi-family, a retail center, restaurant(s), big box retailer, gas station, office building, hotel or a combination of those listed.

The subject property is zoned AC-3/SP, Metropolitan Activity Center/Special Planned Area Overlay District by the City of Orlando. The purpose of the District is to provide for large concentrated areas of residential, commercial, office, industrial, recreational and cultural facilities at a scale that serves the entire metropolitan area and at the highest intensities anywhere outside of Downtown Orlando. A mixture of land uses is specifically intended. Activity centers with a single type of use shall be strongly discouraged. These activity centers are intended for locations where arterials and four lane collectors and mass transit service are available, providing access to other metropolitan areas. The SP Overlay District is intended to be a mechanism for creating urban design plans, guidelines and standards in a coordinated manner to help achieve the goals, objectives and policies of the Growth Management Plan. The subject property has a land use designation of Metropolitan Activity Center by the City of Orlando. This designation is to promote an intensive mixture of employment, goods and services and residential uses in Activity Centers; to link high intensity Activity Centers and promote use of mass transportation along Mixed Use Corridors; to promote a wide variety of residential and employment alternatives both inside and outside Activity Centers and to achieve the highest standards of quality in the urban environment.

Features

  • Lot Size: IRR
  • Lot Desc: Buildable, Central Business District, Cleared, Level, Near Public Transit, Street Lights
  • MLS#: O6096620
  • Days on Market: 368 days
  • Website: https://www.raveis.com
    /prop/O6096620/6447grandnationaldrive_orlando_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 4/29/2024 2:12:41 AM)
Listing courtesy of RE/MAX TOWN CENTRE   Phone: 407-996-3200

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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6447 Grand National DRIVE, Orlando, FL, 32819

$18,000,000

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 $14,400,000 $14,400,000 $14,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.500% 7.250% 7.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.995% 7.354% 7.292%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $100,687 $98,233 $130,440
Total Monthly Payment $100,812 $98,358 $130,565

* 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.