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Presented by
Alliance Team |
1 AC Retail Outparcel For Sale or Lease in Winter Haven, Florida! This prime location along Martin Luther King Blvd boasts 30, 000+ AADT and over 215 feet of frontage. Positioned in Winter Haven’s commercial corridor, this outparcel is located next to many national retailers, including a Home Depot-anchored shopping center. Zoned C-3, or Commercial Highway, this site allows for a wide range of retail and commercial uses, making it ideal for retail, restaurant, service-based businesses, and many other commercial uses. Additional nearby Retailers include Walgreens, O'Reilly Auto Parts, Publix, AutoZone, Family Dollar, Mister Car Wash, and Mid Credit Union.
The property is easily accessed by a private road with two options for ingress/egress via Martin Luther King Blvd. and Unity Way NW. This property is also eligible for incentives from the Florence Villa Community Redevelopment Agency (CRA). These incentives could allow for reducing certain development costs, impact fees, and many other options. Lakeland-Winter Haven is the 2nd fastest growing MSA in the U. S. This is an ideal opportunity for investors or businesses looking to capitalize on a bustling retail environment with strong traffic flow and a growing customer base.
The current parcel number includes existing building (1850 Olympian Way) to the south, which will not be included in this purchase. This property will be split upon purchase and a new tax / parcel ID will be created.
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Our Executive Mortgage Banker:
Our Insurance Division:
$945,000
Sales Associates
William Raveis Real Estate
Phone: 203.537.5288
alliancerealtygroup@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $756,000 | $756,000 | $756,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,292 | $4,533 | $6,329 |
| Total Monthly Payment | $4,384 | $4,625 | $6,421 |
* 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.