Exceptional Opportunity: Three Parcels with 3 structures on Woodland Boulevard. We are pleased to present a prime opportunity to acquire three parcels located along Woodland Boulevard. The property is zoned for mixed use, providing investors with the potential to develop these sites into profitable ventures. The properties: 2480, 2490 and 2498—are being offered in "as-is" condition, and the seller is open to including all existing assets on the property, including the current business. All three parcels for sale totaling 2. 03 acres at 2480, 2490, and 2498 Woodland Blvd. 2480 Woodland Blvd: 0. 83-acre mixed-use property with 1, 401 sq. ft. structure, built in 1946. Currently being used as a psychic reading business includes a pool added in 1992 and separate garage (208 sq. ft. ).
2490 Woodland Blvd: 0. 67-acre mixed-use property featuring a 1, 549 sq. ft. structure, built in 1950, currently used as a car lot. Situated near international speedway blvd and outside historic Downtown DeLand, this location offers endless possibilities for development or renovation. Don’t miss out on this unique investment opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,964 | $9,080 | $12,292 |
Total Monthly Payment | $9,288 | $9,404 | $12,616 |
* 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.