Approximately 46.5 residential acres consisting of 2 parcels on the edge of New Port Richey in an area of new homebuilding where 4-lane Ridge Rd connects east to major Tampa corridors and Moon Lake Rd widening is slated to come. Fenced frontage with security gate. Next to a private airport, Lowes, Home Depot, banks, restaurants, county govt center, retail and office space. Adjoining 650 acres of preserves, this property offers seclusion with riding trails, deer, turkey, hog and forest. Suitable for a multifamily development, premium homesites or a self-sustaining homestead with room for crops and animals. On-site creek provides abundant water year round. Pasco Dev. Review board has indicated that rezoning to a higher density like MPUD or multifamily is feasible. Property is now accessed from the north off Royal Palm Ave. Public utilities are available nearby. WARNING: This is hunting ground. Owners present. Do not enter unannounced without an appointment.
0 Royal Palm Ave, New Port Richey, FL, 34654
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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