12885 62nd STREET, Largo, FL, 33773 | $995,000

MOTIVATED SELLER! Prime Commercial Property in High-Traffic Location!
Unlock the potential of this expansive commercial property, perfectly situated in the bustling area of US 19 and Ulmerton! This recently remodeled gem offers a versatile layout, making it an ideal investment opportunity for both single and multi-tenant scenarios.

Boasting 7+ generously-sized office spaces, this property is perfect for a variety of business needs.
Multiple conference and training rooms are available, ideal for meetings, workshops, and collaborative sessions.
Two well-equipped kitchenettes provide convenience for staff and guests.
Three modern bathrooms cater to high foot traffic and ensure comfort for tenants and visitors.
Can be configured as a single-tenant facility or divided into multiple tenant spaces to maximize rental income.
A tall roll-up door at the front offers easy access for deliveries and large equipment.
Ample private parking spaces plus multiple covered spots under a carport.
A convenient automated fence ensures secure and easy access.
Four strategically placed exit doors enhance safety and convenience for tenants.
A prominent sign and post located directly outside offer excellent exposure to the high-traffic intersection of US 19 and Ulmerton Road.

The property has been beautifully remodeled to meet modern standards and provide a welcoming environment for tenants and clients alike.

The current single-tenant lease ends on July 31, 2024, presenting a prime opportunity for a new lease agreement or conversion into a multi-tenant investment property.

Positioned in a prime commercial area with high traffic and excellent visibility.
Easy access to major roads and thoroughfares, ensuring convenience for clients and employees.

Video Tour Available: Contact the listing agent for a video walkthrough of the entire property.

Don't miss this exceptional opportunity to own a top-tier commercial property in a prime location.
Act now to secure your investment in a thriving business hub.

Features

  • Property Type: Office
  • Construction: Block, Stucco
  • Levels: 1
  • Heating: Central
  • Cooling: Central Air
  • Lot Size: 150 x 135
  • Year Built: 1977
  • Approx Sq. Feet: 6,177
  • Acreage: 0.35
  • Est. Taxes: $11,291
  • MLS#: U8249866
  • Days on Market: 68 days
  • Website: https://www.raveis.com
    /prop/U8249866/1288562ndstreet_largo_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 2:25:41 AM)
Listing courtesy of HIGH POINT REALTY INC   Phone: 727-466-6697

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

12885 62nd STREET, Largo, FL, 33773

$995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $941 $941 $941
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,837 $4,837 $6,717
Total Monthly Payment $5,870 $5,870 $7,750

* 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.