Under contract-accepting backup offers. The possibilities are unlimited with this 0. 46 acre parcel of land in Spring Hill! Located just east of Hog Pond in a neighborhood with no HOA fees or deed restrictions, it's zoned for multifamily use. This is your chance to create an ideal investment property or that multi-generational homestead you've been dreaming of. It's minutes away from shopping and dining options, including locally-owned favorites like El Ranchito, Major Toys, Papa Clyde's Ice Cream, Coyote Rojo, and more. Within a 5-mile radius, you'll also find schools, the Spring Hill Branch library, Delta Woods Park, Pioneer Park (the only skate park in Hernando County), and the beautiful Nature Coast Botanical Garden & Nursery. There's more shopping and entertainment to be found just west on US-19, including world-famous Weeki Wachee Springs State Park, where you can paddle the river, enjoy the water park seasonally, and meet real mermaids. It's less than 30 minutes to popular swimming spots like Sunwest Park and Pine Island. Plus, Homosassa, Tarpon Springs, and Clearwater are all easily accessible. This is a prime opportunity you don't want to miss, so drive by and take a look today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$80,000
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 | $64,000 | $64,000 | $64,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $442 | $420 | $536 |
Total Monthly Payment | $517 | $495 | $611 |
* 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.