Introducing a prime opportunity for a new home for your business or to create a stream of rental income. This 2, 964 sq. ft. concrete block building is situated on a . 24-acre CG Commercial Zoned property, featuring 100 feet of road frontage on Rogers Street. Rogers Street connects directly to Missouri Avenue (27, 000 AADT) and US 19/60 (43, 500 AADT) and offers 18 parking spaces. Current zoning allows for a variety of high-demand uses in the area, including professional/medical offices, general retail, medical marijuana facilities, and other dispensary/pharmacy operations. Just one block from this fantastic location, you'll find several national retailers, hotels, restaurants, and quick-service restaurants. Within a 5-mile radius, the surrounding population exceeds 295, 000, with a median household income of $59, 200. This area is expected to grow by 32% by 2028 and includes a workforce population of 255, 000, with a median age of 49. Located in Downtown Clearwater, this property offers the beauty beyond the beach—a perfect combination of waterfront living and urban ambiance. Downtown Clearwater is an international tourist destination, welcoming nearly 2 million visitors annually. Nestled between Tampa Bay and Clearwater Harbor, and just a short walk from the Gulf of Mexico, the city offers diverse shopping, dining, and entertainment options for both visitors and locals. Pinellas County is home to a population of over 972, 000 residents, making it the 7th largest county in the state. It boasts an international airport, over 7, 000 professionals in the aviation and aerospace industries, and the 3rd largest manufacturing base of employment in Florida. With 360 days of sunshine each year, Clearwater’s beaches rank among the best in the United States, attracting 15. 4 million tourists annually who spend $7 billion in the area—a figure that continues to grow year over year. Don’t miss this chance to invest in one of Florida’s premier commercial locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$779,000
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 | $623,200 | $623,200 | $623,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,146 | $4,142 | $5,343 |
Total Monthly Payment | $4,637 | $4,633 | $5,834 |
* 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.