PROPERTY DESCRIPTION
The opportunity is to purchase a 1. 47-acre outparcel in the Shoppes of Dade City. The parcel is adjacent to San Antonio Citizens Federal Credit Union and near Publix. Sprocket Way, which provide saccess from US 301, is to split the parcels.
The parcel is zoned GC (General Commercial) and has utilities. Off-site retention is already in place.
LOCATION DESCRIPTION
The outparcel is located within The Shoppes of Dade City at the northeast corner of US 301 and Clinton Avenue in Dade City. It's accessible from both US Highway 301 and Clinton Avenue.
MUNICIPALITY
Dade City
PROPERTY SIZE
1. 47 Acres
ZONING
GC - General Commercial
PARCEL ID
11-25-21-0050-00400-0000
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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 | $1,428,000 | $1,428,000 | $1,428,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,144 | $9,144 | $12,538 |
Total Monthly Payment | $9,269 | $9,269 | $12,663 |
* 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.