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Virtually Staged. Under Construction. New Construction Property available at a deep discount property is currently also listed as condo units pick all 16 up for $10, 750, 000 Projected Cap Rate is estimated to be 6. 5% If purchased separately project total is $11, 538, 000 . This is your chance to pick up this great investment opportunity or to bring your business to Punta Gorda's growing Airport ECAP zoned district. ECAP zoning is highly flexible, allowing a diverse mix of operations including: Light industrial, manufacturing, and warehousing Logistics and distribution General and medical offices Retail, commercial, and hospitality (hotels/motels)Aviation support and educational facilities.
Perfect for investors, 1031 exchange buyers, contractors, distribution companies, and owner-users seeking to build equity rather than lease.
This is a package deal purchase of all 16 units
MLS numbers: C7513222 C7513210 C7513210 C7513221 C7513220 C7513219 C7513218 C7513217 C7513211 C7513208 C7513200 C7513167 C7513223 C7513216 C7513215 C7512718
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,750,000
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 | $8,600,000 | $8,600,000 | $8,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.239% | 6.086% | 6.183% |
| Monthly Tax Payment | $699 | $699 | $699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,187 | $51,561 | $72,572 |
| Total Monthly Payment | $51,011 | $52,385 | $73,396 |
* 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.