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Prime Commercial Development Opportunity located on the corner of Broad Street and Nicholas Ave, Brooksville, FL. Exceptional opportunity to acquire a 1+ acre corner commercial parcel with high-visibility highway frontage on Broad Street in Brooksville, Florida. This property offers strong potential for a Planned Unit Development (PUD) or professional office complex, making it ideal for investors, developers, or owner-users seeking a strategic commercial location. The site has electric available on-site and an existing well, with a septic system needed. The property includes a vacant building that can be determined whether it is salvageable or a tear down and lean-to that can either be repaired or a tear down as well. It can provide a foundation for redevelopment or repurposing. With its generous acreage and prominent corner positioning, the property can be transformed into a profitable commercial enterprise tailored to professional or business use. An adjacent parcel is also available for purchase, offering a unique dual-use opportunity. The additional parcel is zoned R1A Residential, allowing a buyer to build a residence alongside the commercial development—ideal for owner-operators who want to live nearby while overseeing their investment. Both properties are located directly across the highway from Hernando County Airport, adding to the site’s visibility, accessibility, and long-term growth potential. The owner is highly motivated and willing to consider a creative or bundled purchase options for a buyer with vision. Prime location. Exceptional value. Endless potential. Develop your business, expand your portfolio, and create a future-focused investment in one of Brooksville’s growths to a promising commercial corridor. Please DO NOT ENTER THE BUILDING! ROOF IS COMING DOWN AND FLOORS ARE UNSTABLE! Owner will consider financing. Additional Parcel Available please refer to MLS# G5105778
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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 | $202,320 | $202,320 | $202,320 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,213 | $1,262 | $1,680 |
| Total Monthly Payment | $1,288 | $1,337 | $1,755 |
* 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.