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One or more photo(s) has been virtually staged. Prime Commercial Property in Daytona Beach
Looking for the perfect location to grow your business? Look no further! This exceptional commercial property in vibrant Daytona Beach, FL, offers an unparalleled opportunity for entrepreneurs and investors alike.
Key Features:
Ideal Location: Situated in the heart of Daytona Beach, this property enjoys high visibility and easy access, drawing in both locals and tourists.
Spacious Interiors: With ample square footage, the possibilities are endless. Customize the space to suit your business needs, whether it's retail, office, or trade services.
Thriving Community: Join a dynamic community of businesses in Daytona Beach, known for its vibrant atmosphere and bustling economy.
Why Choose Daytona Beach?
Tourist Hotspot: Benefit from the steady stream of tourists flocking to Daytona Beach year-round, providing a steady flow of potential customers.
Business-Friendly Environment: Daytona Beach fosters a supportive business environment with various incentives and resources to help your business thrive.
Quality of Life: Enjoy the best of both worlds with stunning beaches, exciting entertainment options, and a laid-back lifestyle that makes Daytona Beach an attractive place to live and work.
Plenty of parking on the lot which sits on just over a 1/4 acre. New Interior and exterior 200-amp electrical completed in 2022. Land use designation is BR1, Business/Retail, allowing for a plethora of permitted uses ranging from visitor accommodations Hotel/Motel, Retail with permitted apartment above, Marine Sales & Services, Offices, Craft Brewery or Winery, Restaurant and Bank or Financial Institution to name a few. Please see attachment for a list of all permitted uses.
Don't miss out on this incredible opportunity to establish your business in one of Florida's most sought-after locations. Contact us today to schedule a viewing and take the first step towards realizing your entrepreneurial dream.
**NOTE** The adjoining property at 618 N Wild Olive Ave is also currently on the market, listed through a different brokerage with no affiliation to Imagine Realty. Possibility might exist to purchase both properties to combine which would give buyer over a 1/2 acre combined land, and both parcels are zoned the same BR1.
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:
$599,999
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,999 | $479,999 | $479,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $498 | $498 | $498 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,763 | $2,917 | $3,890 |
| Total Monthly Payment | $3,353 | $3,507 | $4,480 |
* 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.