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4200 W VINE STREET, Kissimmee, FL, 34741 | $6,900,000
This property in Kissimmee, located on the south side of US Highway 192, offers a prime opportunity for development. With 4. 53 acres of land and a zoning classification of highway commercial with mixed-use (MUV), the site is flexible for various types of businesses and developments. The future land use (FLU) designation aligns with urban-scale neighborhoods and villages, offering opportunities for a wide range of uses including hotels, multi-family residential units, commercial restaurants, retail spaces, and potentially storage units
The existing stormwater management pond at the rear of the plot could provide practical benefits for development, potentially reducing some of the infrastructure costs related to water management.
Key highlights include:
High traffic count of 60, 000 vehicles, making it a highly visible and accessible location.
Situated within the Vine Street Corridor, which promotes walking, biking, and sustainable transportation options.
Future land use encourages mixed-use developments and connectivity to major focal points and downtown Kissimmee, enhancing the property's appeal for various urban development projects.
This property seems well-positioned for a wide range of development opportunities, from commercial ventures to residential and mixed-use projects. It’s ideal for investors or developers looking to capitalize on Kissimmee's growth, especially with the area's focus on urban-scale, sustainable development.
Being next to Shingle Creek Regional Park, 456-acres, includes several old homes from the historic Shingle Creek community. The park includes fishing, hiking trails, picnicking, play area, and restrooms. Stefee Landing has a launch onto the Designated Paddling Trail, outfitter, boardwalk and bridge. The Shingle Creek Regional Trail runs through the park, when complete it will run 32 miles from Kissimmee to Wekiwa Springs State Park in Seminole County. Will add a versatile and a vibrant energy to any project you choose to accomplish.
Features
- Lot Size: 197239 SQFT
- MLS#: S5122116
- Days on Market: 61 days
- Website: https://www.raveis.com
/prop/S5122116/4200wvinestreet_kissimmee_fl?source=qrflyer
Listing courtesy of LA ROSA REALTY LLC Phone: 321-939-3748
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4200 W VINE STREET, Kissimmee, FL, 34741
$6,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $33,540 | $35,345 | $48,085 |
| Total Monthly Payment | $33,665 | $35,470 | $48,210 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388