904 W BANCROFT DRIVE, Citrus Springs, FL, 34434 | $23,900

Property Description
Don’t miss this excellent property in a well-established and developed area. Located on a quiet street with neighboring homes, this lot offers a peaceful, residential setting with strong potential for building or investment.
Whether you're looking to build your custom home, invest in a growing market, or secure land in a sought-after area, this property offers great value and long-term potential.
Property Features
0. 23-acre lot – Perfect size for a single-family home with space for outdoor living and additions
Utilities available – Water and electricity accessible at the street
Established neighborhood – Surrounded by built homes providing comfort, security, and community
No HOA – Enjoy freedom to build without monthly fees or restrictive covenants
Why This Location?
Well-developed area – Attractive surroundings and existing neighbors enhance the value and livability
Excellent accessibility – Easy access to US-41 and FL-40 for direct routes to Ocala, Orlando, and Tampa
Nature nearby – Just 20 minutes from Rainbow Springs State Park and 1 hour from the Gulf Coast beaches
Everyday convenience – Close to grocery stores, pharmacies, restaurants, and retail shops
Great school zone – Within reach of top-rated local schools
Peaceful environment – Ideal for families, or anyone looking for a relaxed lifestyle
Investment Potential
Dunnellon is part of a fast-growing region in Central Florida, with increasing demand and development. This property is a smart buy for builders, investors, or future homeowners looking to secure land in a high-demand area.

Features

  • Lot Size: 80 x 125
  • MLS#: O6301045
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6301045/904wbancroftdrive_citrussprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/28/2025 8:17:08 AM)
Listing courtesy of BB GROUP REALTY CORP   Phone: 407-624-7625

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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
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Our Insurance Division:

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904 W BANCROFT DRIVE, Citrus Springs, FL, 34434

$23,900

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $19,120 $19,120 $19,120
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $121 $126 $160
Total Monthly Payment $196 $201 $235

* 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.