This is an outstanding opportunity to aquire a property consisting of 2.4 acres of real estate, an 8,000 sf warehouse, and an additional 10,000 sf warehouse that has been built out and licensed for an adult entertainment nightclub. The 40 year inspection has been completed. A new Pahse 1 will need to be ordered but this property did pass about six months ago. The 8,000 sf warehouse is currently used for personal storage, the 10,000 sf warehouse is currently running as an adult club. There are no leases associated with either the business or the real estate making a closing quick and clean. This property is located less than 5 minutes from RT 95.
1820 NW 21st St, Pompano Beach, FL, 33069
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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