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Reduced for quick sale Free standing building fronting N Federal Highway & 1 block North of Commercial Blvd makes this the ideal setting to own this asset. Close to Downtown Broward Co and the proximity to the beach and less than 4 miles from i-95 makes this the ideal spot. Property has over 42, 400 sqft of office building, 4 stories , 2 elevators and 2 restrooms per floor, Each floor is comprised of different floor plans that include executive offices as well as junior suites and kitchen facilities as well as conference rooms on each floor. Sale includes the parking lot behind the subject property (4942-13-09-0220) that total over 100 spaces + or - . Property is vacant and easy to show with 24 hour notice. Property works great for an insurance company or law firm or Charter school. .
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,320,000 | $6,320,000 | $6,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.739% | 6.686% |
Monthly Tax Payment | $11,548 | $11,548 | $11,548 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,913 | $40,468 | $55,054 |
Total Monthly Payment | $50,586 | $52,141 | $66,727 |
* 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.