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Million Dollar LOCATION!! Prime property located along the highly traveled Spring Hill Drive corridor one block in from US 19. This well-maintained two-story Block construction, professional office building presents a strong investment opportunity with stable, long-term tenancy in place. The property is fully leased, offering immediate income and a reliable revenue stream for investors. The building features two floors serviced by an elevator, providing convenient access for both tenants and clients. A newer roof adds to the overall value and reduces near-term capital expenses, while dedicated on-site parking ensures ease of access and functionality for daily operations. Each tenant pays their own utilities and water on separate meters. Positioned on one of Hernando County’s primary commercial corridors with approximately 25, 000 vehicles per day, the property benefits from excellent visibility and consistent traffic flow. Surrounded by established businesses and dense residential communities, this location continues to support long-term tenant retention and demand. Ideal for investors seeking a low-maintenance, income-producing asset in a rapidly growing area of Florida.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,695,000
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 | $1,356,000 | $1,356,000 | $1,356,000 |
| 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 | 6.239% | 6.235% | 6.164% |
| Monthly Tax Payment | $1,182 | $1,182 | $1,182 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,913 | $8,239 | $11,443 |
| Total Monthly Payment | $9,220 | $9,546 | $12,750 |
* 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.