Move in ready for business !!! NO storm damage or Flooding from recent hurricanes. Excellent opportunity to secure this 2, 736sf free-standing, commercial building ( mix use potential ) located directly off busy Ulmerton Rd in Largo FL with 47, 000+ VDP. The building has undergone several recent improvement including a new metal roof 50 yrs warranty, Hurricane impact front doors, exterior paint, interior kitchen, flooring, shower, have all been modernly updated to accommodate various business uses such as: Owner user/tenant investment/ Show room, Office, retail, commercial on the first floor and residential on the second floor. , given there is a separate entrance through the rear staircase in the back. The first floor is broken up to house up to 1, 800sf with a mezzanine with three offices measuring another 936sf on the second floor. The upstairs offices have their entrance and could be rented separately from the lower 1, 800sf base due to back entrance. There are lots of windows ( all hurricane impact) and great visibility from a very busy road. Ulmerton Rd sees an average of50, 000 cars per day giving this property excellent exposure to the public. Separate entrance to 3 offices upstairs (rental opportunity). Large capacity electrical sign. Available for Lease or Sale. shown by appointment only. please do not walk or tour the property without permission.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
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 | $469 | $469 | $469 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,891 |
Total Monthly Payment | $4,420 | $4,416 | $5,452 |
* 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.