LIQUOR LICENCE can be purchased separately. . . . Barely South from the popular intersection of Park Blvd and 66th street is this gem of a commercial opportunity in the heart of Pinellas County. Ringing in at over a third of an acre with C-2 zoning, this is where you can start your business plan or let your artistic passions take off! This property is fully exposed to 66th Street, meaning more publicity for your business. The two existing buildings are in working order, including one with a drive-up window, and the existing space is dancing with a creative energy. The current owners have left the property stocked with two full-service bars, walk in cooler, 2 dance floors and a large main stage with DJ booths. These could easily be built into an existing business or strip the property bare and start over! With over 50, 000 drivers passing by daily, this busy intersection can support a restaurant, bar, or a variety of industries. (Opportunities are endless) No matter which way you swing it, this premier location is just 35 minutes from SoHo & Ybor City Tampa, 16 minutes from downtown St. Pete and 12 minutes from the nationally revered St. Pete Beach. This property has lots of potential, big personality and is full of unique possibilities— all of which will be supported by ample parking at over 40+ spaces and a drive through front entrance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,110 | $1,110 | $1,110 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,117 | $5,184 | $7,017 |
Total Monthly Payment | $6,319 | $6,386 | $8,219 |
* 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.