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Discover an exceptional investment opportunity with this versatile commercial property located in the prime area of the heart of Largo. Featuring three distinct units— a restaurant, a barbershop, and a salon—this property is strategically situated on a vibrant business street, just a short 10-minute drive from the beach, making it an attractive location for both locals and visitors.
Key highlights of this property include:
- Prime Location: Nestled in the bustling heart of Largo, this property benefits from high visibility and accessibility, ensuring a steady stream of foot traffic.
- Dual Access Points: Enjoy the convenience of two separate entry points, ensuring easy accessibility for customers and service vehicles alike.
- Ample Parking: With a generous amount of parking space available, your clients and patrons will appreciate the hassle-free experience when visiting.
- High Potential for Growth: This property is brimming with possibilities, whether you’re looking to enhance existing businesses or explore new ventures.
- Proximity to Key Amenities: Located near a fire station and an apartment complex, this location benefits from increased foot traffic and a steady flow of potential customers, adding significant value to your investment.
Don’t miss out on this prime commercial space that perfectly combines accessibility, visibility, and growth potential. Ideal for entrepreneurs and investors looking to make their mark in a thriving community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | $218 | $218 | $218 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,085 | $9,465 | $13,287 |
| Total Monthly Payment | $9,428 | $9,808 | $13,630 |
* 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.