Excellent investment opportunity, boasting a PRIME location on Commercial Way/US Hwy 19 Approx. 2 miles North of Cortez Blvd. with High Traffic Flow (AADT of 25,237 vehicles) & close proximity to various amenities and attractions. Bonus - Highway Frontage w/Rear Access on Clarita St. Current agricultural zoning with opportunity for Commercial Rezoning further enhances its value, offering flexibility for different types of development or use. Given its location near a fast-growing area of Hernando County - Florida's Nature Coast, the Gulf of Mexico & popular attractions like Weeki Wachee Springs - Home of the Mermaids, this parcel is Ideal for Commercial or Mixed-use Development. Income from the billboard sign adds an extra source of revenue, increasing the property's attractiveness. This is an exciting opportunity with great potential for future growth and returns.
15.7 Acres Commercial WAY, Weeki Wachee, 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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