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REDUCED - Industrial Land Offering for 315+/- Acres with utilities available to site by City of Wildwood per service agreement. Property Fronts I-75 with over 6, 500'+/- linear Ft of frontage that include billboards and with FDOT 104, 500 avg trips per day plus 1, 820'+/- linear Ft of frontage on SR 44 off of the I-75 exit # 329 where the Florida Turnpike meets and crosses I-75. Sale includes "Spring Water Permit" for 496, 000+/- gallons of water per day. Located in Sumter County and less than an hour to Orlando or Tampa this is the "Transportation Hub" of Central Florida". “Major transportation arteries include Interstate 75, the Florida Turnpike, US Highway 301, and State Roads 44, 48, 50, 470 and 471. Add our proximity to no fewer than 3 deep-water seaports and 3 international airports, and you’ve hit the transportation trifecta of land, sea and air. " - Sumter County Florida EDC. Offering is an assemblage of 3 parcels C34-015, C27-028 & C27-034 and also available are 3 more adjoining income producing parcels. Plus this offering is just a few miles from The Villages the largest retirement community in the United States spanning 3 counties and still growing with a population over 140, 000+ and completely accessible by golf cart. Sumter County EDC is aggressive in smart growth which includes Old Dominion's newest logistics' hub that just broke ground next to the property and Werner & Saia are both planning sites on the East side of I-75. Entry onto property without an appointment is trespassing. All information is believed accurate but not guaranteed or warranted and subject to change without notice . NDA will be required for any additional information
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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 | $57,600,000 | $57,600,000 | $57,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.428% | 6.110% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $331,578 | $345,341 | $478,316 |
| Total Monthly Payment | $331,703 | $345,466 | $478,441 |
* 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.