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Great Investment Property! This property has 2 sides, ''A'', the larger side, which is tenant occupied month to month; the Buyer will be responsible for negotiating the lease agreement. ''B'' side is smaller, has potential to be another office space or an Airbnb. Make it what you want. A remarkable investment opportunity in the picturesque town of Welaka, Florida! This versatile commercial property presents exceptional potential for entrepreneurs, investors, or business owners looking for a strategic location with outstanding visibility. Zoned for commercial use, the property offers exciting opportunities for expansion and customization to suit your vision.
Don't miss out on owning this prime piece of Welaka—one of Florida's most inviting small towns. Whether you're looking to expand your investment portfolio or launch a new venture, 673 3rd Ave is the ideal location to make your business dreams a reality. Seller is a Real Estate Agent With 2 sections to this building, it allows future business owners to put their own personal touch in the smaller unfinished side, while the remodeled side is turnkey ready to open business doors ASAP. Remodeled side offers plenty of charm and potential for profit! Welcome customers with this cozy yet open concept "waiting room", an employee kitchen area, 2 more enclosed rooms, and 1 bathroom! Time to make your business dreams reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $144 | $144 | $144 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,022 | $1,078 | $1,435 |
| Total Monthly Payment | $1,241 | $1,297 | $1,654 |
* 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.