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This 1. 40 acre fully fenced commercial site is located on busy Roosevelt Boulevard and is currently occupied by an automotive dealer. Although the site has a mailing address for Clearwater, the site actually sits within the jurisdiction of the City of Largo and therefore enjoys a favorable Commercial General (. 55 FAR) designation which allows for a potential improvement coverage of 90% of the property and up to 33, 481 SF of mixed use commercial structure. With over 3/4 acre of paved area, this site enjoys an abundance of paved high and dry parking and currently has two buildings totaling 3, 479 SF. There is a 1, 241 SF air conditioned office space currently used as a sales office and a 2, 208 SF prefab metal warehouse building currently utilized for repair and service. Close to the St. Pete / Cleawater International Airport. Traffic count 39, 500 VPD.
Disclaimer: All references to potential development are based upon publicly available land use information and are subject to municipal site plan review and approval. Neither Broker nor owner make any representations as to the potential development. Buyer shall conduct due diligence to buyers satisfaction.
DO NOT DISTURB OPERATING BUSINESS. TOURS BY APPOINTMENT ONLY.
PRICE IS FOR PROPERTY ONLY. EQUIPMENT IS AVAILABLE SEPARATELY.
Located in Clearwater just east of US-19 and west of the Bayside Bridge, offering easy access to surrounding areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,490,000
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 | $1,192,000 | $1,192,000 | $1,192,000 |
| 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 | 6.229% | 6.110% | 5.972% |
| Monthly Tax Payment | $561 | $561 | $561 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,768 | $7,147 | $9,898 |
| Total Monthly Payment | $7,454 | $7,833 | $10,584 |
* 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.