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2. 11-acre commercial development and investment opportunity in the heart of the Lakewood Ranch/University Town Center (UTC) corridor, one of Southwest Florida's premier growth markets. Zoned PD-MU (Planned Development-Mixed Use) according to the Manatee County Property Appraiser, this highly visible site offers exceptional access to Town Center Parkway, University Parkway, and Interstate 75 (Exit 213). Positioned adjacent to Hyatt Place (122 rooms), Home2 Suites by Hilton (108 rooms), and Fairfield Inn & Suites by Marriott (87 rooms), the property benefits from approximately 317 hotel rooms on Exchange Way alone, with more than 940 hotel rooms within approximately three miles. Recent reports indicate five additional hotels are planned within Lakewood Ranch, including three along the nearby Town Center Parkway corridor, reinforcing the area's continued commercial expansion and increasing overnight visitor demand. According to Seller, all major utilities have been stubbed to the site. Buyer shall independently verify utility availability, capacity, and connection requirements. Located minutes from UTC, reporting 20M+ annual visitors and more than $1B in annual retail sales, the property is surrounded by major attractions, healthcare, dining, and ongoing residential and commercial development. According to RCLCO's 2025 rankings, Lakewood Ranch ranked the #2 top-selling master-planned community in the U. S. and remains among the nation's fastest-growing multigenerational communities. Illustrative marketing materials present "The Exchange, " a conceptual vision only and do not represent approved plans, entitlements, permitted uses, or future development. Buyer shall independently verify zoning, permitted uses, development standards, utilities, environmental conditions, access, traffic counts, impact fees, and all information material to Buyer's intended use.
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Our Executive Mortgage Banker:
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$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
| 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 | 6.263% | 6.121% | 6.203% |
| Monthly Tax Payment | $1,175 | $1,175 | $1,175 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,637 | $8,873 | $12,489 |
| Total Monthly Payment | $9,937 | $10,173 | $13,789 |
* 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.