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738 S HIGHWAY 17, San Mateo, FL, 32187 | $299,000
PRIME HIGHWAY 17 COMMERCIAL DEVELOPMENT OPPORTUNITY Positioned at the signalized intersection of US Highway 17 and Horse Landing Road, this 1. 51-acre C-2 zoned commercial property offers exceptional visibility, accessibility, and future growth potential in the heart of San Mateo. With approximately 12, 000 vehicles passing daily and located directly adjacent from Circle K and Dollar General, this site places your business in front of a constant stream of local residents, commuters, tourists, boaters, and anglers traveling between Palatka, Welaka, and the St. Johns River. Currently operating as a Uhaul drop off location and flea market with 34+ vendor booths and structures, power and water, but the true value lies in the property's prime commercial location, flexible C-2 zoning, and redevelopment potential. Whether you're an investor seeking income-producing property,
a developer looking for a high-visibility commercial site, or an entrepreneur searching for the perfect location for your next venture, the possibilities are extensive.
Adding to the long-term investment appeal, FDOT has plans to widen this section of US Highway 17 from two lanes to four lanes, bringing increased traffic flow, improved infrastructure, and additional commercial growth to the corridor in the coming years.
Potential uses include retail, restaurant, convenience store, professional office, automotive services, lodging, storage, service-based businesses, and many other C-2 permitted uses. The existing improvements provide immediate functionality while allowing flexibility for future development.
Commercial opportunities with this combination of traffic exposure, strategic location, established neighboring businesses, and future growth prospects rarely become available. Bring your vision and capitalize on one of the area's most promising commercial corridors.
Sale includes 736 S Highway 17. Property is being sold as-is. Value is in the location, zoning, visibility, and future development potential.
Features
- Lot Desc: Cleared, Few Trees
- MLS#: 2151538
- Days on Market: 12 days
- Website: https://www.raveis.com
/prop/2151538/738shighway17_sanmateo_fl?source=qrflyer
Listing courtesy of MOMENTUM REALTY
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
738 S HIGHWAY 17, San Mateo, FL, 32187
$299,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $239,200 | $239,200 | $239,200 |
| 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% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,453 | $1,510 | $1,986 |
| Total Monthly Payment | $1,528 | $1,585 | $2,061 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388