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Auction Property. LIST PRICE IS FOR MLS PURPOSES ONLY. ACTUAL PRICE WILL BE DETERMINED AT AUCTION. ONLINE AUCTION ENDS JULY 15 AT 10 AM ET. Perfect location to live and work! This mixed-use property offers the convenience of a residence and commercial workspace all in one location. Zoned PSO (Professional Services/Office District), the property allows both residential and commercial use. Buyers should verify with Citrus County that the zoning accommodates their intended business use. The 1, 200± square foot (30'± x 40'±) climate controlled metal building situated at the rear of the property provides immediate commercial use. Built in 1995±, the building features high ceilings and five-tier shelving installed around the entire interior perimeter, providing exceptional storage and functionality for a variety of business operations, workshops, inventory storage, or professional services. The residential portion includes a 2 bedroom, 1 bathroom home with a 2024± roof and 2022± HVAC replacement. There is 816± sq ft of living area with 1, 192± sq ft under roof which encompasses the attached single-car garage. The fenced backyard houses the separate building, with side driveway access. Positioned on a highly visible corner lot along N Lecanto Highway (US 491), this property benefits from outstanding exposure within a thriving business corridor. With an Average Daily Traffic count of approximately 20, 050± vehicles, the location offers excellent visibility and access while providing the convenience of living on-site. Whether you're an entrepreneur, small business owner, investor, or someone seeking the flexibility of a live-work lifestyle, this versatile property presents a rare opportunity to combine residential comfort with commercial potential. Most personal property will be removed by closing. Property #: DG26028. Bid Online July 8 - 15. Subject to the final bid at the online auction and auction terms. 10% Buyer's Premium.
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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 | $112,000 | $112,000 | $112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $51 | $51 | $51 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $671 | $707 | $930 |
| Total Monthly Payment | $796 | $832 | $1,055 |
* 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.