Discover a stunning 1. 7-acre commercial property in the vibrant town of Masaryktown, located near Lead Foot City, Florida's newest drag strip. This exceptional property offers 360 feet of prime road frontage on US 41, making it ideal for a variety of businesses. Key Features Charming 2-Bedroom House, Perfect for office space, a live-work arrangement, or a comfortable residence for the owner or staff. The house features a warm, welcoming atmosphere and a practical layout that is sure to impress. Spacious Workshop, Designed for artisans, craftsmen, or any business needing a dedicated workspace. With ample square footage, this workshop is equipped for all your tools, equipment, and creative needs. Custom-Built Utility Building (10x20), This fully insulated and air-conditioned building includes an overhead loft, a brand-new water heater, and plenty of storage space. Additional Custom-Built Building (12x24), A two-room structure featuring two lofts, fully insulated, and air-conditioned, offering even more storage and versatility. Well and Septic System, the property is self-sufficient with a well providing crystal clear drinking water and a septic system, ensuring cost-effective operations. This property has endless possibilities. Don’t Miss Out on This Extraordinary Opportunity! Whether you're an investor seeking an excellent return or an entrepreneur ready to make your mark, this property is a must-see. Contact us today to schedule a viewing and turn your business dreams into reality!
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Our Executive Mortgage Banker:
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$635,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,380 | $3,376 | $4,284 |
Total Monthly Payment | $3,581 | $3,577 | $4,485 |
* 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.