LONGWOOD, FL 32750

Property

Ownership: Corporation
Type: Retail
Lot Size: 0.4 Acres

Financials

Price:$1,299,900
Annual Taxes:$4,553
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of REALTY HUB

COMMERCIAL REAL ESTATE OFFERING INTEREST FREE SELLER FINANCE !

Description

COMMERCIAL REAL ESTATE OFFERING INTEREST-FREE SELLER FINANCE!! YES, INTEREST-FREE!!!!!! $1,299,900 and SELLER FINANCE with $650,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................ Option 2: Seller Finance with only $299k down, but at 8 Perct interest amortized at 25 years with a 60 month balloon. Even this is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans offering a similar rate and down payment would be higher than the 23 prct being offered at $299k down!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................ Option 3: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!! ................................................................................................................................................................................................................................................................................................................................................................................................................................................ $114k NOI. WOW!!!!!!! And that’s with seller leaseback of 5 units. Once seller is out, your return will be 85 perct higher at $200k+ NOI!! 15-Unit C-2 Zoned retail plaza. ALL Units have their own exterior entry. All units have legal addresses of their own. So, this can also be condo'd out!! Located on a busy 6-Lane Hwy 17-92! Fully leased right now and with some owner occupied space. Contact me today and let’s get the ball rolling in your direction. SELLER/OWNER FINANCE at ZERO INTEREST!!!!!! :-O

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.