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Presented by
Gregory Sofranko Group |
Commercial Lot in Auburndale – Great Location Near Downtown - Positioned just minutes from downtown Auburndale and directly across from the REAL Academy, this . 33-acre commercial lot offers excellent visibility in a residential area. Zoned for commercial use, it’s a fantastic opportunity for a small strip mall or neighborhood-focused business. With steady local traffic and convenient access to major roads, this property is well-suited for developers or investors looking to serve the surrounding community. The location combines the benefits of proximity to downtown with a strong neighborhood presence. From the city of Auburndale: Commercial Highway Zoning allows for: Motel/hotel, Restaurants, including drive throughs, Retail shops, Commercial for recreation, Veterinary, Sales and display lots for cars, RVS, boats - Package and retail sale of alcohol, financial institutions, General retail sales, Mini-warehouse (self-storage) if the site is over 22, 000 sq feet and 100 foot wide property line frontage, & Medical marijuana. Prohibited uses in Commercial Highway: Dwellings, Storage warehouses, Truck terminals, All other uses not listed in permitted (No metal buildings)
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Our Executive Mortgage Banker:
Our Insurance Division:
$135,000
Sales Associates
William Raveis Real Estate
Phone: 239.877.1966
GregorySofrankoGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $108,000 | $108,000 | $108,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $648 | $674 | $890 |
| Total Monthly Payment | $723 | $749 | $965 |
* 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.