Exceptional investment opportunity in the rapidly growing Riverview, Florida! This 7-acre parcel is currently zoned ASC-1 and PD/PD (Planned Development), with a future land use designation of R-6, allowing for the construction of up to 44 single-family homes, townhouses, or villas. With the flexibility of zoning, this property is ideal for developers looking to create a vibrant residential community in one of Hillsborough County’s most rapidly expanding regions. The property is fully prepared for immediate development, with a recent environmental report, geotechnical study, and boundary survey completed within the last year. Additionally, the property has been recently appraised, providing further assurance of its value and development potential.
Riverview, FL, 33569-5108
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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