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Presented by
Lisa K. Dollinger |
Highly visible, corner retail (or office) space fronting on Seminole Boulevard, 1/2 mile north of Largo Mall. Large parking area at the rear of the building. The space was newly built out for Mayweather Boxing + Fitness, the prior tenant, who was in business for only a couple of months. The space is suitable for fitness-related services, gaming or sports centers, nail or beauty salons, restaurants or coffee shops, bakeries, etc. —the options are almost endless. The space would also be suitable for office use where high visibility of the enterprise is desired. The prior tenant left fitness equipment on the premises, which may be available for a health and fitness tenant, or will be removed by the landlord. While the landlord wishes to lease the entire 2, 611 sq. ft. space to a single tenant, they will consider dividing it into two 1, 306 sq. ft. spaces for separate tenants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$52,220
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.907.1570
Lisa.Dollinger@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $41,776 | $41,776 | $41,776 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $1,797 | $1,797 | $1,797 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $237 | $250 | $339 |
| Total Monthly Payment | $2,108 | $2,121 | $2,210 |
* 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.