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Presented by
Kenneth Martin |
Excellent commercial opportunity in the highly desirable area of Lighthouse Point. This versatile property features two established income-producing units: a take-out restaurant and a convenience store, offering strong visibility and steady foot traffic. The take-out restaurant is well-positioned for high demand, with an efficient layout ideal for quick service and delivery operations. The convenience store complements the space perfectly, serving the surrounding residential community and passing traffic, creating consistent daily revenue potential. Strategically situated in a prime location with easy access to major roads and nearby neighborhoods, this property benefits from excellent exposure and accessibility. Ample parking and a functional layout make it convenient for both customers and operators. Ideal for investors or owner-operators looking to capitalize on a dual-income property in a thriving South Florida market. Don't miss this opportunity to own a well-located commercial asset with immediate income potential.
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$1,799,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.258.7207
Ken.Martin@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 | $1,439,200 | $1,439,200 | $1,439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | $2,396 | $2,396 | $2,396 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,745 | $8,979 | $12,242 |
| Total Monthly Payment | $11,266 | $11,500 | $14,763 |
* 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.