PRICE REDUCED! Great investment opportunity to acquire a partially leased freestanding office building within the beautiful Wildewood Office Park on Cortez Road in Bradenton, Florida. Three suites comprising 1, 692 +/- square feet are currently leased to three different tenants, leaving a fourth separate 4, 070 +/- square feet (Suite 110) for the new owner to occupy.
This new owner's space features 11 offices, a large conference room, small conference room, lobby area, kitchen/breakroom, storage rooms, and men's and women's restrooms with two stalls in each. The separate entrances around the building allow for the other tenants of the leased suites to not interfere with the business operating out of the new owner's suite. Buy your business a home and stop paying rent. Possible Seller Financing Available to Qualified Buyers!
This building is one of twelve professional office buildings situated on almost 13 Acres, in a project called Wildewood Professional Park located on the busy Cortez Road corridor in Bradenton, Florida. An Owner's Association has been set up to handle cross access easements, shared retention, landscape maintenance, signage, and entrance features allowing these buildings to be owned independently. This is not a condominium association. The building owners own their buildings and their land with restrictions that support attractive appearance and appropriate usage.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
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 | $920 | $920 | $920 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,142 | $6,142 | $8,422 |
Total Monthly Payment | $7,187 | $7,187 | $9,467 |
* 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.