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OWNER FINANCING BEING OFFERED: Commercially zoned and full of potential, this 0. 53-acre double lot offers excellent visibility along S. McCall Rd. , with approximately 142 feet of frontage and a prime location for development. Situated in a high-traffic area surrounded by residential neighborhoods, the property provides a strong foundation for a variety of commercial and multifamily projects. Zoned OMI (Office, Medical, Institutional), the site allows for numerous permitted uses, including medical and professional offices, pharmacies, personal services, emergency services, and more. Residential development options such as duplexes, triplexes, and other multifamily configurations further expand its potential. Located just minutes from shopping, dining, entertainment, and the sandy shores of Englewood Beach, this property offers both accessibility and high visibility. A water meter is already in place, and a property survey is available upon request to assist with precise planning. Whether you're seeking to establish a medical practice, professional office, or an investment, this strategically positioned parcel provides an excellent opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $830 | $862 | $1,098 |
Total Monthly Payment | $905 | $937 | $1,173 |
* 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.