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159 Lookout Place is a well-maintained, two-story freestanding professional office building located in the heart of Maitland’s premier business district. The property offers approximately 4, 915 SF and features a flexible layout suitable for law firms, accounting practices, financial advisors, or general professional users. Building Description - The first floor is built out as a former attorney’s office and includes six (6) private offices, a conference room, two communal/admin areas, a break room, and two common restrooms. The second floor is configured as general office space and includes two office suites, five (5) private offices, and two shared restrooms. This level offers a value-add opportunity with light cosmetic updates and is well-suited for owner-users seeking additional rental income or investors repositioning the asset. Investment & Owner-User Opportunity - The property presents a rare opportunity to own and occupy a portion of the building while leasing the remaining space. Its flexible configuration supports multi-tenant use and future leasing strategies. Location Highlights - Prime Maitland location near Maitland Blvd and Maitland Avenue; Convenient access to Interstate 4 and US-17/92; Minutes from Maitland Town Centre, a growing hub for dining, retail, and business; Surrounded by established professional services and high-end Maitland and Winter Park neighborhoods. Office Park & Area - Located within the Keewin / Lookout Pointe Office Park, a well-maintained professional environment with strong occupancy and consistent demand. The surrounding area offers excellent demographics, accessibility, and long-term value stability.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 |
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|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| 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 | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $1,699 | $1,699 | $1,699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,602 | $5,833 | $8,101 |
| Total Monthly Payment | $7,426 | $7,657 | $9,925 |
* 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.