Enjoy all the benefits of an opportunity zone with this property! Investing in an opportunity zone can unlock a world of advantages. With tax incentives and potential for substantial returns, it's a gateway to financial growth. Spacious and versatile, this remarkable flex space in Bradenton offers the perfect combination of functionality and convenience. With its ideal location and flexible layout, it presents an excellent opportunity for businesses seeking an office warehouse solution. The BR_UCC zoning allows for a variety of permitted uses. Featuring ample square footage, the property provides a blank canvas ready to be transformed into your vision. Whether you require dedicated office spaces, expansive storage areas, or a combination of both, this flex space can accommodate your unique needs. Rooms include an office, warehouse, storage area, kitchen, and two bathrooms. This fully fenced in property features a 20 car parking lot, new 2021 hot water heater, his and hers bathroom, and a WiFi camera system (16). Located in a thriving business district, this flex space offers easy access to major highways, ensuring convenient transportation. Additionally, nearby amenities such as restaurants and shops provide added convenience during work breaks or after-hours activities. Don't miss out on this incredible opportunity to own a versatile flex space that can adapt to your evolving business requirements. Embrace the potential of this office warehouse and take your business to new heights in Bradenton's dynamic commercial landscape. The full list of permitted uses is attached. Seize this opportunity and embrace the potential that lies within an opportunity zone – where financial gain meets positive social impact.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,674 | $4,716 |
Total Monthly Payment | $4,347 | $4,254 | $5,296 |
* 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.