This expansive lot in the heart of Riverview has an impressive 475 feet of frontage and is zoned for up to four single-family homes, making it an exceptional opportunity for builders or investors. The property currently features a home with connected water and electricity, providing an excellent starting point for development or renovation. With potential after-repair values (ARV) ranging between $1.6 million and $1.8 million for the completed project, this lot is primed for profit. Located in a thriving and highly sought-after community, Riverview is celebrated for its friendly atmosphere, top-rated schools, and convenient access to shopping, dining, and major highways. Don’t miss your chance to capitalize on this ready-to-build property and turn your vision into reality!
11609 Leonard AVENUE, Riverview, FL, 33569
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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