We are excited to offer a prime office/retail space located at the bustling intersection of King Street and US-1, the busiest intersection in downtown St. Augustine. This 1, 053 square foot unit is ideally situated on the side of the Great Expectations Realty building, directly facing two brand-new hotels on the scenic waterway off King Street. This unit boasts its own private entry, providing convenience and exclusivity and common areas. The tenant will also benefit from shared common area access to a handicap ramp w/ handicap accessible restrooms and a kitchen/ breakroom area, enhancing the functionality of the space without impacting the usable square footage. The CAM fee of $263. 25 monthly encompasses all utilities - water, sewer, electric, trash, and use of common areas. Additionally, the property offers plenty of parking, a rare and valuable feature in the downtown area. Don't miss this opportunity to secure a premium commercial space in a highly sought-after location. Contact us today to schedule a viewing and explore how this exceptional property can meet your business needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,931
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 | $2,345 | $2,345 | $2,345 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $1,551 | $1,551 | $1,551 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $19 |
Total Monthly Payment | $1,640 | $1,640 | $1,645 |
* 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.