11. 55 Acres zoned GC-2, with many options for permitted and conditional uses (see attached schedule B); includes adjoining . 42 Acre Parcel with access easement from 17/92 through adjacent hotel parking lot. Total high and dry area is about 7 Acres. Absolute NNN ground lease. Both properties are also listed for sale (Listings O6237150 and O6245431). Great property for Corporate Headquarters offering a work and play setting; fresh trails with great vegetation, local tennis courts and gazebo by entrance to property, plenty of shade and relaxation areas. Enough property to build over 100k+ SF of commercial space. Very accessible, yet very private. Quick drive to Sanford Airport, Downtown Sanford. Currently the largest commercial parcel in Sanford MLS market with views from 17-92 and about 1, 000' of 417 ramp frontage. Approximately 50' access/frontage from South French Avenue. Quick and easy access to 417, 17-92, I4. Natural pond and water retention area with great buffer for privacy and natural freshness. Partially cleared and ready to start your development. City of Sanford's Schedule B-Permitted Uses: Daycare/Assisted Living Facilities, Residential Development (Conditional Approval), Public & Semi-Public Facilities (e. g. Library-School-Cultural-House of Worship-Clinic, . . . ), Office/Warehouse, Restaurant, Business & Professional Offices, Transient Lodging & Entertainment, and many others. Ideal for a small homes community, or business setting with plenty of green areas and outdoors for staff and customers, with visibility from 417 and 17/92. Buyer/s and/or Buyer/s' Agent are responsible and should verify all public records information, tax collector's data, as well as property size, square footage, zoning, and permitted uses and restrictions. Easy access to water, power and sewage. Available for a 3+ year lease. Listing Agent is Owner. May lease the entire property or only part of the property.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $69,120 | $69,120 | $69,120 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $103 | $103 | $103 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $460 | $459 | $583 |
Total Monthly Payment | $638 | $637 | $761 |
* 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.