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Rarely available commercial property with vacant freestanding building located on heavily travelled Sunrise Blvd. This property has 135 feet of frontage on Sunrise Blvd and is very close to I-95. The building is approximately 1866 sq. ft. and was formerly used as a check cashing store. The placement of the building towards the front of the property gives it wide-open exposure to traffic on Sunrise Blvd. Located in the B1 zoning district, this property has a lot of possibilities and can be used as-is, renovated, or completely redeveloped. It may also be possible to combine this property with the vacant parcel to the west to form one large parcel of over 1 acre in size with 270 feet of frontage on Sunrise Blvd.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $725 | $725 | $725 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,185 | $7,005 | $9,482 |
Total Monthly Payment | $8,035 | $7,855 | $10,332 |
* 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.