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Presented by
Tricia Mathison-Benvenuti |
Rare opportunity to acquire this free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! The property features five units totaling 10, 881 square feet with 9, 756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45, 500. Recent improvements include a roof replacement completed in December 2022. Owner financing is available!
Unit A tenant currently pays $1, 500 per month. Lease ends February 28, 2028.
Unit B tenant currently pays $1, 940 base + $300 CAM for a total of $2, 240 per month. Lease ends December 31, 2027.
Unit C tenant currently pays $2, 767. 25 base + $468. 75 CAM for a total of $3, 236 per month. Lease ends December 31, 2026.
Unit E tenant currently pays $3, 063. 50 base + $487. 50 CAM for a total of $3, 551 per month. Lease ends February 28, 2029.
Unit D is currently vacant.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,887,500
Sales Associate
William Raveis Real Estate
Phone: 203.364.7726
Tricia.MathisonBenvenuti@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.521.7207
Christine.Preston@raveis.com
NMLS Mortgage Loan Originator ID 90874
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,310,000 | $2,310,000 | $2,310,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $1,914 | $1,914 | $1,914 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,481 | $14,036 | $19,493 |
| Total Monthly Payment | $15,520 | $16,075 | $21,532 |
* 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.