222 N Parramore AVENUE, Orlando, FL, 32801 | $2,100,000
Downtown Orlando Mixed-Use Portfolio. This is a diversified 1. 40-acre collection of 11 parcels within the Innovation
District. Walking distance to Creative Village, Orlando City Soccer Exploria Stadium, Amway Center, and much more.
Besides our great tourist attractions, Orlando is busy leading the nation in technologies like advanced manufacturing,
bio tech, aerospace, defense, simulation and more. Making Orlando a great place to invest. Not to mention, this
portfolio is within the U. S. Department of Treasury’s Community Development Financial Institutions Fund designated
area and qualifies for the Bank Enterprise Award, Capital Magnet Fund, and the Equitable Recovery programs. The
Community Development Financial Institutions Fund supports creating jobs, building businesses, and revitalizing
neighborhoods through these unique programs with tailored resources that leverage federal dollars with private capital.
This Portfolio features the following properties:
• 10, 902 SF Building - 716 W Robinson St – Zoning is MU -1/T/PH &
R2B/T/PH. Total 11, 376 SF.
• 3 Adjacent Vacant Land Parcels - 726 W. Robinson St & 732 W. Robinson St & 217 Garden
Ave -Zoning is R2B/T/PH. When you combine the all properties, you can get a total of 4 single family units. Total
26, 360 SF combined with 716 W Robinson St which is adjacent.
• 4 Adjacent Vacant Land Parcels - 222 N Parramore
Ave & 214 N Parramore Ave & 211 McQuigg Ave & 215 McQuigg Ave – Zoning is MU -1/T/PH & R2B/T/PH. Total 26, 136
SF. When you combine the all properties, you can get a total of 16 units. Directly across the street to 716 W Robinson
St and the 3 other adjacent vacant land parcels.
• One-Story Duplex – 209 Garden Ave – Zoning is R2B/T/PH. Total
3, 596 SF.
• 1 Vacant Land Parcel –202 McQuigg Ave- Zoning is R2B/T/PH. Total 3, 596 SF.
• 1 Vacant Land Parcel–824
W. Robinson St-Zoning is R2B/T/PH. Total 3, 596 SF.
MU -1/T/PH allows for Medium Intensity Mixed Residential and
Office with a maximum height of 35 ft.
R2B/T/PH allows for single family homes, duplexes, small apartment buildings
of 3—5 units, garage apartments and accessory apartments with a maximum height of 30 ft.
Features
- Lot Size: 125 x 178
- MLS#: O6045853
- Days on Market: 788 days
- Website: https://www.raveis.com
/prop/O6045853/222nparramoreavenue_orlando_fl?source=qrflyer
Listing courtesy of ALPHA R.E. OF CENTRAL FL LLC Phone: 407-927-1040
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
222 N Parramore AVENUE, Orlando, FL, 32801
$2,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
| 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 | $10,757 | $10,757 | $14,750 |
| Total Monthly Payment | $10,882 | $10,882 | $14,875 |
* 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