|
Extremely Rare Opportunity to purchase a +/- 10-acre High School campus in NE Broward County. 3 buildings totaling +/- 62, 096 sf, + 1, 1440sf Portable building.
Total of 35 classrooms including science & computer labs. 2-story gymnasium building with stage, cafeteria, commercial kitchen, offices, lounge, lockers, weight & training rooms, etc.
Grounds have a football/soccer field, tennis, basketball and sand volleyball courts, baseball & softball diamonds and a playground/park. +/- 600 Student capacity. Over 570 ff on SE 10th St, signalized corner at SE 6th Ave. Minutes from many UHNW communities. Click on ''More'' for additional information. Site:
9. 96 Acres 433, 783sf
CF Zoning -Community Facility
Flood Zone AH
+/- 573' on SE 10th St +/- 245' on SE 6th Ave Signalized Light
Campus:
3 Masonry Buildings +/-62, 096 adj sf 1 Portable Building
+/- 600 Student Capacity
35 classrooms (incl. art, computer, and science labs) & media room.
N Building:
16, 400sf adj sf built in 1966
14 classrooms, media center teacher's lounge, offices and restrooms, copy room, restrooms
S Building:
4260 adj sf built in 1966
4 classrooms and maintenance area w/office
Portable Building:
1440sf 2 classrooms
Gymnasium Building:
+/- 41, 436 adj sf built in 1984
15 classrooms (incl, science and computer labs), offices, stage, cafeteria, kitchen, weight room, training room, boys/girls locker rooms, refrigeration and storage rooms.
Grounds:
Football/soccer field, softball and baseball diamonds, 2 tennis courts, 2 basketball courts, 1 sand volleyball court, playground/park
60 dedicated parking spots plus cross access/parking agreement with Zion Lutheran.
Tenant:
Somerset Academy Key Middle/High School
Irreplaceable location:
1. 3 miles to I-95
2 miles to Boca Raton
2. 4 miles to Lighthouse Point
4 miles to Hillsboro Mile
6. 5 miles to Parkland
11 Miles to Delray Beach
14 miles to Fort Lauderdale
Terms:
Sold "As Is" subject to Buyer's inspections
Existing CF zoning - Seller will not consider any offer subject to a change in zoning
No Financing Contingencies
Somerset Academy tenancy
Shared access/parking agreement.
Please allow +/- 3 weeks for offer response time.
POF Letter to accompany all offers.
*Zion Lutheran Church and Preschool are not part of +/- 10-acre school campus sale and will not consider any offer to purchase which includes either the church and/or preschool.
All information is believed accurate but is not guaranteed and may be subject to errors and omissions and subject to changes without notice. All measurements are approximate.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$17,250,000
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 | $13,800,000 | $13,800,000 | $13,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $82,738 | $84,969 | $116,452 |
| Total Monthly Payment | $82,863 | $85,094 | $116,577 |
* 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.