1.8 acre prime commercial parcel on US 1 by the entrance of a single family subdivision and across
from a large waterfront rather up-scale retirement community. Basically it is a prime corner lot except
the water feature right at the subdivision entrance. The face to face communities entrances, Edgewater
Lakes Blvd and Rio Grande, maybe be signalized on US 1 in the future as the traffic steadily increases.
Large frontage with great visibility. Level and cleared. This prime property is ideal for a strip center for
more than 10 store fronts, 2 restaurants, 2 banks, 1 large medical building for multiple office units or 2
retail, medical/professional mixed use buildings. Willing to sell a portion as the user needs. The upside
potential is great!
S Ridgewood AVENUE, Edgewater, FL, 32141
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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