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503 N Dixie AVENUE, Fruitland Park, FL, 34731 | $699,000
Smoking & Drinking!!! Local Iconic Beer & Wine Bar w/ F, F & E is being offered for sale ( business, 2 buildings and real estate). Offering is 4, 730+/- SF total for 2 buildings. The Bar is a 2, 844+/-SF Commercial Bldg with a walk in cooler. There is additional space in the commercial bldg to add a grill or restaurant or potential for other commercial opportunities available within C-2 Zoning, City of Fruitland Park. Offering includes a residential 3/2 block building that needs significant work and currently has a tenant. Residence could be converted for a commercial use. House may be entered during due diligence. Paved parking is available in front and in back of Commercial building. Lot is approximately 100'x210' with 100'Ft on N Dixie Ave. Financial data and inventory are available with an executed NDA / confidentiality agreement. Property is located an hour from Orlando and minutes to The Villages, I-75, Florida's Turnpike, US Hwy 441, 27 & 301. Business is open and operating. PLEASE respect sellers wishes and DO NOT disturb business. Shown by appointment only. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. This is an opportunity either to continue and grow current use & business or develop into another use. See attached list of C-2 uses within Fruitland Park.
Features
- Property Type: Mixed Use
- Construction: Block
- Cooling: Central Air, Wall/Window Unit(s)
- Lot Size: 100 x 210
- Year Built: 1926
- Approx Sq. Feet: 4,730
- Acreage: 0.48
- Est. Taxes: $3,027
- MLS#: G5087489
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/G5087489/503ndixieavenue_fruitlandpark_fl?source=qrflyer
Listing courtesy of ERA GRIZZARD REAL ESTATE Phone: 352-787-6966
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
503 N Dixie AVENUE, Fruitland Park, FL, 34731
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| 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 | $252 | $252 | $252 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
| Total Monthly Payment | $4,064 | $4,061 | $5,060 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388