Discover an extraordinary commercial real estate opportunity in Tarpon Springs, Florida! This 1.36-acre parcel of vacant land is strategically positioned along US Highway 19 N, offering exceptional visibility with a traffic count of 60,000 vehicles daily. The front portion of the property is ideal for a variety of commercial ventures, providing unmatched exposure and easy accessibility.
The rear portion of the land unveils a hidden gem on the Anclote River, where the celebrated Boat Club resides. This 2,063 SF venue, crowned Florida's best dive bar in 2023, sits on 0.12 acres and offers lively entertainment for both boaters and drivers. Complete with boat docks and a ramp, this riverside location is perfect for hospitality and entertainment businesses.
Owner financing is available with 30% down, amortized over 20 years at 6% interest, and a balloon payment due in 5 years. This offering includes both the business and the real estate, presenting a unique and versatile opportunity for investors and owner-operators to develop a thriving commercial hub.
1761 Beckett WAY, Tarpon Springs, FL, 34689
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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