Rare commercially zoned lot in downtown Lake Mary square connected to the vibrant shopping and dining district! Directly adjacent to Central Park at City Hall, downtown shops and restaurants, and walking distance to Lake Mary Sunrail Station. Property is zoned "DC" - Downtown Centre - Refer to chapter 154.67 in the Code of Ordinances. Allows for retail, office, restaurants, possible 2-story Live/Work opportunity. Sewer and water hooked up to residence. Micro retail development with salon space under construction on the southeast corner of 4th and Crystal Lake Ave, townhome projects proposed one block away on Wilbur Ave. City of Lake Mary has approved front parking on Crystal Lake and there is paved public parking on the corner and across the street. Located near City Hall, many great dining places, shopping, I-4, Lake Mary Blvd., and 417. Lots of exposure for your business and great foot traffic. Value is in the land.
Subdivision:
CRYSTAL LAKE WINTER HOMES
Utilities
Electricity Available, Public, Sewer Connected, Water Connected
Lot Description:
Central Business District, City Lot, Level
160 N 4th STREET, Lake Mary, FL, 32746
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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