Investment opportunity with these 3 lots for a total of 4.8 Acres total on 3 parcels of land. Previously these three parcels were approved to have multiple units up to 3 stories by Hernando County Board of Commissioners passed 5-0. Unfortunately the plan was not implemented by the investor. This can easily be accomplished again. This was approved for 13.5 dwelling units per acre up to 3 stories. The 2.8-acre parcel has a 1985 3-bedroom 2 baths with carport and large lanai, which is currently occupied by a tenant month to month. The other 2 parcels are 1 acre each for the total of 4.8 acres the opportunity to build your real estate portfolio. This location is perfect, close to the Veterans Highway (for the easily commute to Tampa) , shopping, restaurants, Coastal Way Shopping Mall.
12491 JACQUELINE Road, Brooksville, FL, 34613
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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