Take advantage of this incredible opportunity to own a turnkey, prime 6, 902 sq foot commercial real estate building in Hernando County, one of Florida's most rapidly growing areas! This 2005 Built 4-unit building is conveniently located right off of US State Road 50/Cortez Boulevard with an average daily traffic count of over 40, 000. The planned development in the next few years will surely increase that number! Located only 1. 5 miles from Oak Hill Hospital and also easily accessible from US 19 and 589. This Professional Office Building is situated on 0. 9 acres MOL with ample parking. UNIT 7005 is currently under lease for the next two years. UNITS 7007-7009 are combined into one space and are also under a long-term lease with 4. 5 years left. UNIT 7011 is currently occupied and can vacate with the sale or stay on for some time. No lease agreement in place. Each unit is on its own utilities See attached floor plans for details on each layout This is the perfect scenario to relocate or establish a business in one unit while generating income from the current leased units or lease the whole unit as an investment property. The opportunities are endless! Zoned PDP GC Call today for a private showing and more information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,204 | $1,204 | $1,204 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,403 | $6,403 | $8,780 |
Total Monthly Payment | $7,732 | $7,732 | $10,109 |
* 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.