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ONCE IN A LIFETIME OPPORTUNITY! PRIME CHAIN OF LAKES WATERFRONT PROPERTY WITH TWO THRIVING TURN-KEY BUSINESSES INCLUDED!!! Exclusive opportunity to take over an established jet ski/boat rental business and also an established and popular bait and tackle shop, both located directly on beautiful Lake Eustis, the central waterway/hub of the popular Harris Chain of Lakes! In addition to the advantageous waterfront location, the property is also located directly on US HWY 441, with AADT traffic counts in excess of 47, 000 per FDOT. The locally famous landmark building, with it's nautical design sitting directly over the water currently is being used as the profitable bait shop with boat traffic drive up bait and tackle service available! However, since it's unique construction in 1963 it has also served as a real estate office and a chiropractor's office in it's intriguing history, showing the remarkable versatility and desirability of the site location for a variety of uses! The jet ski/boat rental business also succeeds through the superb high traffic visibility location as well, along with it's ample inventory of 7 pontoon boats, 4 jet ski's, 1 CraigCat, and 9 state of the art floating docks plus a service lift - ALL OF WHICH ARE INCLUDED WITH THE SALE! That's right, all boats, jet ski's, FF&E, and inventory are ALL INCLUDED!!! Owners are willing to stay on for a period of time to orient new owner to the business operations! As if this wasn't enough, ALSO INCLUDED with the sale are 13+ pristine acres directly across from the parent parcel on US HWY 441 with an income producing billboard.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 |
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|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $326 | $326 | $326 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,357 | $3,493 | $4,650 |
| Total Monthly Payment | $3,775 | $3,911 | $5,068 |
* 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.