Alt Key 1276802: Prime corner lot available at the intersection of E Maud St and N New Hampshire Ave in Downtown Tavares, FL 32778. This highly visible lot, zoned CD - Commercial Downtown District, offers exceptional potential for a variety of commercial uses. With frontage on both E Maud St (130 ft) and N New Hampshire Ave (100 ft), the strategic location less than 800 feet from the Downtown Tavares Administration building, less than 500 feet from Wooten Park and the Lake Dora Waterfront, ample parking, and major highways such as Hwy 441 and 19, providing convenient access to Mount Dora, Eustis, and Leesburg ensures high foot traffic and easy accessibility, make it perfect for a retail outlet, dining establishment, or professional services. Known as "America's Seaplane City, " Tavares provides a unique and vibrant community for your business to thrive. There is also an option to purchase this lot or up to five properties in total at a bulk price. Inquire for more information.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $211,200 | $211,200 | $211,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,405 | $1,387 | $1,781 |
Total Monthly Payment | $1,480 | $1,462 | $1,856 |
* 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.