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Prime Mixed-Use Development Opportunity in Kissimmee! This rare 1. 03-acre parcel occupies an entire city block with frontage on all four sides, offering exceptional visibility and exposure with strong daily traffic counts. As part of preliminary planning discussions, the City of Kissimmee has shared two non-binding conceptual studies for this property illustrating potential mixed-use configurations under T4-O zoning and Commercial Future Land Use designations; these concepts are for vision and exploration only and do not represent approvals or entitlements of any kind. Buyers should independently verify all development possibilities with the City, including—but not limited to—residential, multi-family, live-work units, commercial, office, retail, or mixed-use combinations. Water and wastewater availability has been acknowledged by Toho Water Authority, but buyers must confirm requirements and connection details during due diligence. All development decisions, densities, uses, timelines, and approvals are solely subject to the City of Kissimmee and applicable authorities. This property represents a rare opportunity in a highly visible and strategic corridor, and buyers are encouraged to conduct full due diligence to confirm suitability.
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$890,000
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 | $712,000 | $712,000 | $712,000 |
| 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% | 6.259% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,155 | $4,326 | $6,008 |
| Total Monthly Payment | $4,247 | $4,418 | $6,100 |
* 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.