(Back on market. Development application denied.) Corner of Linden Drive just off County Line Road and Pythia Place, a dead-end service road. Estimated 6.2 acres, flat and dry. Permitted or likely allowed uses include multi-family, townhomes, assisted living / nursing facility. Currently zoned Planned Development Project, General Highway Commercial or PDP (GHC) but rezoning should allow 22 residential units per acre. City water and DRA in place. Sewer access, the widening of County Line Road (CR 578) to 4 lanes make this a unique investment opportunity. Ideal location near residential area with estate homes, 5 minutes to shopping and just minutes to the Suncoast Parkway for Tampa and airport access in about 40 minutes.
000 Linden Drive, Spring Hill, FL, 34609
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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