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3887 E County Road 466 – Prime Commercial Opportunity in Wildwood, FL. LOCATION. VISIBILITY. POTENTIAL. Just 0. 2 miles from Hwy 301, Wawa, and Aldi, this 2. 1± acre parcel offers 377± feet of frontage along East County Road 466—positioned perfectly for your next commercial venture. Ideal for investors and business owners, the property can be annexed into the City of Wildwood, opening the door for C-3 zoning and a wide range of permitted uses including retail, office, medical, group home, assisted living, or storage facility, according to the city’s comprehensive plan. A 1921-built home currently occupies the site and could be renovated into an office or repurposed as part of future development. The property is currently on well and septic, with city utilities available for connection. Located just minutes from The Villages, this corridor continues to experience rapid commercial growth and strong demand. All information deemed accurate but not guaranteed and subject to change without notice. Call today for details or to schedule a site visit. MAKE AN OFFER!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $30 | $30 | $30 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,709 | $2,778 | $3,654 |
| Total Monthly Payment | $2,831 | $2,900 | $3,776 |
* 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.