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LOCATION LOCATION LOCATION… Vacant land may be a good investment, Please confirm any future use with the city and County and appropriate municipalities. This property near Charleston Ave South US-17, offers excellent visibility and high traffic exposure, making it an outstanding opportunity for investors, developers, or business owners seeking a strategic Central Florida location. The parcel may support a wide range of uses, Potential permitted uses may include (but are not limited to): including mixed-use development with 2nd or 3rd floor residential units above retail, Hotel / Motel, Bank or Financial Institution, Medical or Professional Offices, Clinic or Medical Facility, Real Estate or Business Office, General Retail, Antique Store, or Hardware / Farm & Home Store, Restaurant with Lounge or Drive-In, Gas Station, Laundromat or Dry-Cleaning Drop-Off, Plant Nursery or Indoor Flower Shop, Appliance Repair, Club or Specialty Retail, Home-Based Occupation …and so much more etc… Fort Meade is the oldest city in Polk County, benefits from rich historical character, proximity to the Peace River, and growing interest in both residential and commercial development. This property offers amazing potential for future growth and development in a steadily evolving market. CONSUMERS SHALL EXERCISE DUE-DILIGENCE!
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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 | $60,000 | $60,000 | $60,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.132% | 5.522% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $336 | $359 | $482 |
| Total Monthly Payment | $411 | $434 | $557 |
* 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.