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Presented by
The Suzanne White Team |
This is an opportunity to purchase a parcel with a total of 5. 3 acres (subject to survey) located on S 78th Street by Falkenburg Rd in Riverview. The is zoned Manufacturing with a Future Land Use of Community Mixed Use-12 (. 50 FAR). Hillsborough County supplies water to the site. The property is currently on a septic system but there is a 4” force main adjacent to the property according to Hillsborough County. The property is fenced and partially paved with concrete.
This site is currently being used as a used auto parts business. The property is bounded to the east by the Parkway Center Community Development District, a housing subdivision of several hundred units. Mosiac Fertilizer is located just to the west. There is a small residential subdivision located just to the north of the property. South Falkenburg Road and the Alafia River are located just to the south of the property providing good access and recreation.
Potential uses include commercial, light industrial, storage, retail and by taking advantage of the future land use of Community Mixed Use and surrounding residential, possibly residential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,900,000
Sales Associates
William Raveis Real Estate
Phone: 413.530.7363
SWTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
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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 | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $32,213 | $33,540 | $46,581 |
| Total Monthly Payment | $32,338 | $33,665 | $46,706 |
* 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.