Under contract-accepting backup offers. Fantastic opportunity to buy a flex space that accommodates both an office and warehouse with 1, 650 SF of 100% air-conditioned space, recently refreshed. Perfect setup for an income-producing investment property and owner-use operation. The space has been built out with an entry foyer, 7 offices, a bath, a kitchen, and 310 SF of Warehouse/Storage area. There's also a 10’ high loading door in the rear of the property as well as a glass entry door. This Office / Warehouse / Showroom/ Workshop / Coworking Flex space can be converted to complete office space or a large 1, 650 SF warehouse and it's suitable for a wide range of businesses. It offers a high ceiling of 12 feet to allow for double-stacking inventory. 3 reserved parking spaces and many guest parking around the building and in the back of the space.
This is a rare opportunity in the highly desirable Sand Lake area in the heart of Orlando, across from the newest billion-dollar Universal Epic Park, near several businesses and restaurants, located 10 miles from Orlando International Airport, 5 miles from Universal Studios, 10 miles from Disney, 10 miles from downtown Orlando, 2 miles to Interstate 4, and 4 miles away from the Turnpike.
Investors can project $22 to $27 SF of rental income for single-tenant leases.
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:
$520,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $416,000 | $416,000 | $416,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $409 | $409 | $409 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,838 | $2,765 | $3,510 |
Total Monthly Payment | $3,339 | $3,266 | $4,011 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.