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Welcome to your next investment opportunity! Nestled in a thriving community, strategically situated on a front street with easy access to major highways, less than 10 minutes from Orlando-Sanford International Airport. This property presents a unique blend of residential comfort and commercial potential, setting it apart in a competitive market. Enjoy the unique advantage of C1 zoning, allowing for retail commercial opportunities. This means you can easily pivot the property’s use, opening doors to various business ventures. Imagine transforming this quaint home into a cozy café, boutique, or office space, all while benefiting from the surrounding commercial growth! The possibilities are endless! Whether you choose to renovate it into a charming family home or a strategic rental property, you’ll be making a wise investment. With the local market on the rise, you can capitalize on the growth trends benefiting the area. The surrounding neighborhoods are experiencing revitalization and development, making this an opportune moment for savvy investors to seize a promising asset. The combination of residential and commercial zoning creates a strategic advantage, allowing for diverse income sources.
The ideal addition to any real estate portfolio. Whether you’re an experienced investor looking to implement the BRRRR method (Buy, Renovate, Rent, Refinance, Repeat) or seeking a property for fix and hold, this gem is your canvas for success!
For those eager to explore commercial opportunities, we encourage you to reach out to the Seminole County Planning and Zoning Department. Discover the exciting possibilities for future use and be a part of the community’s evolution!
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:
$222,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $177,600 | $177,600 | $177,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $32 | $32 | $32 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,079 | $1,121 | $1,475 |
| Total Monthly Payment | $1,186 | $1,228 | $1,582 |
* 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.