308 N Orange STREET, New Smyrna Beach, FL, 32168 | $1,100,000

The perfect multi-use property located in the New Smyrna Historic District is a spacious and versatile commercial property that has many attractive features. The property's corner location on a double lot and private parking lot provides ample space and convenience for customers and employees. The hardwood floors throughout the property add warmth and character, and the full kitchen and bathroom are practical and convenient amenities. The reception area and conference room are perfect for meeting with clients or hosting events, while the four individual offices offer private workspaces for employees or tenants. The loft and open bonus space provide additional versatility and could be used for various purposes, such as storage, extra office space, or even residential living space. Its a great investment opportunity for any business owner looking for a versatile space in a historic and attractive location.

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Utilities: Public
  • Garage: 6 to 12 Spaces, Deeded
  • Heating: Central Building
  • Cooling: Central Air
  • Year Built: 1943
  • Approx Sq. Feet: 2,016
  • Acreage: 0.25
  • Est. Taxes: $3,568
  • Lot Desc: Corner Lot, Historic District, Oversized Lot
  • Appliances: Refrigerator
  • MLS#: NS1082471
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/NS1082471/308norangestreet_newsmyrnabeach_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 12:33:28 AM)
Listing courtesy of KINCAID REALTY   Phone: 386-428-7800

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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:

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308 N Orange STREET, New Smyrna Beach, FL, 32168

$1,100,000

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 $880,000 $880,000 $880,000
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 $297 $297 $297
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,347 $5,347 $7,426
Total Monthly Payment $5,769 $5,769 $7,848

* 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.