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This 4, 000 SF freestanding retail building is located on a 11, 250 SF corner lot on busy Kennedy Boulevard in the commercial heart of the highly sought after South Tampa market. The building has three separate units, each with its own entrance, and has 17 parking spaces. The unit closest to the street is approximately 700 SF and is currently being leased by Bentley Salon, a 10-year tenant, on a month-to-month basis. The center suite is 1, 300 SF and is currently vacant and in shell condition as an open space with 2 restrooms to the rear of the space. The final unit is a 2, 000 SF medical office which will be vacated by the owner upon sale. The medical office has a large waiting room for 12 to 14. There is a two station reception office and a central plumbed lab area and 2 restrooms. There are two private offices and 7 plumbed exam rooms and the space features 9 foot ceilings. Perfect for the user who would like to enjoy some supplementary income with plans for expansion or the investor who would like to make some modest improvements and capitalize off of the excellent traffic flow, visibility, and strong demographic in this South Tampa market.
Traffic count is 38, 500 VPD
Located just east of Dale Mabry Highway and south of I-275, offering easy access to surrounding areas including downtown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
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
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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 | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $1,953 | $1,953 | $1,953 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,993 | $10,552 | $14,615 |
| Total Monthly Payment | $12,071 | $12,630 | $16,693 |
* 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.