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Price includes adjacent restaurant property located at 704 E Brandon Blvd.
A busy Brandon casual dining institution located with direct frontage on bustling Brandon
Boulevard (Highway 60). Located in the heart of Brandon and measuring over . 8 acres, seller is
making this location combined with the adjacent property available for purchase. Property is
made available with all owned furniture, fixtures and equipment. Turn key ops ready to move
forward with a new owner. Gross square footage of building per public record is 6, 838 and
includes roomy kitchen, 2 separate dining rooms (one with a bar) and large outdoor seating
area. Heated square footage is 5, 240 per public record. Large asphalt parking lot with easy
access and egress. Location is second to none being directly across the street from Nativity
Catholic Church’s campus on Highway 60. Current common owner shares parking lot with
property to the west (Crafty Crab) giving direct access via Ridgewood Ave. and a lighted
intersection at Ridgewood and Highway 60. Seating currently for approximately 180 patrons.
Establishment currently serves beer, wine and liquor. Open 7 days per week and features
Mexican cuisine. Property is currently owner occupied
Property will only be conveyed with property located at 704 East Brandon Boulevard.
Properties are not available separately. Asking price includes both properties.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,000,000
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 | $4,800,000 | $4,800,000 | $4,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $937 | $937 | $937 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,632 | $28,778 | $39,539 |
| Total Monthly Payment | $28,694 | $29,840 | $40,601 |
* 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.