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Under contract-accepting backup offers. Located in the heart of Clermont, Florida, just off Highway 50 and minutes from the city’s expanding medical corridor, 364 Chestnut Street presents a rare opportunity to own a fully operational medical or professional office in one of the fastest-growing markets in Central Florida. Built in 1993 and continuously operated since 2007 by the same owner, this property offers a perfect blend of functionality, stability, and long-term value.
The 1, 008 sq. ft. building features a practical interior layout ideal for medical, wellness, or office use. It includes ceramic tile flooring, a handicap-accessible restroom, new central A/C, and a new roof, ensuring comfort and low maintenance for years to come. Constructed with solid concrete block and brick exterior, the property reflects quality and durability.
The sale also includes an adjacent 50x110 ft lot currently used as private parking, with approved engineering and landscaping plans by the City of Clermont. Combined, both parcels total approximately 10, 890 sq. ft. (0. 25 acres) under C-1 commercial zoning, allowing flexibility for future expansion or redevelopment.
This location has experienced over 13% property appreciation in the last two years, supported by Clermont’s population growth and expanding healthcare demand. The property offers excellent visibility, easy access, and proximity to South Lake Hospital, schools, and residential communities, making it a prime choice for professional or medical operations.
Perfect for doctors, investors, or entrepreneurs, this office provides immediate usability and outstanding potential for income and appreciation. With its new roof, new HVAC system, and included parking lot, 364 Chestnut Street represents a turnkey investment opportunity that combines location, functionality, and security—ideal for those seeking to establish or expand their professional footprint in one of Lake County’s most promising commercial corridors.
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Our Executive Mortgage Banker:
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$499,990
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 | $399,992 | $399,992 | $399,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $205 | $205 | $205 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,303 | $2,396 | $3,189 |
| Total Monthly Payment | $2,582 | $2,675 | $3,468 |
* 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.