300 N Croft AVENUE, Inverness, FL, 34453 | $1,400,000

PRIME INVESTMENT OPPORTUNITY in CITRUS County **Location: ** 300 N Croft Ave, Inverness, FL **Acreage: ** 36. 84 acres Discover the perfect canvas for your next development project or dream estate in the heart of Citrus County. This remarkable 36. 84-acre parcel, nestled in the serene beauty of rolling hills, offers unparalleled potential for a Planned Unit Development (PUD) or a custom luxury home. #### Key Features: - **Scenic Landscape: ** Enjoy the captivating charm of gently undulating terrain, providing a naturally elegant backdrop for any vision. - **Versatile Use: ** Ideal for a variety of projects, whether residential, agricultural, or commercial. The possibilities are truly endless. - **High and Dry: ** The majority of the property is high and dry, ensuring a solid foundation for construction. Two small ponds add a touch of natural beauty and potential for landscaping. - **Prime Location: ** Situated in a rapidly growing area, this property is perfectly positioned for future appreciation and development. #### Imagine the Possibilities: - **Custom Home Site: ** Build your dream home on this expansive property, taking advantage of the elevated rear section for stunning views and maximum privacy. - **Development Potential: ** Ideal for investors looking to create a vibrant community in a sought-after location. - **Agricultural Use: ** Perfect for those looking to establish a farm or equestrian facility. Don't miss this unique opportunity to shape your vision on this exceptional parcel of land. Schedule a showing today and experience firsthand the tranquil beauty and boundless potential this property offers. Seize the chance to make this stunning piece of land your own before it's gone!

Features

  • Lot Size: 832' x 2697 x 1131 x 462 x 1473
  • Lot Desc: Buildable, Farm, Gentle Sloping, In County, Pasture
  • Pet Policy: Yes
  • MLS#: T3454055
  • Days on Market: 462 days
  • Website: https://www.raveis.com
    /prop/T3454055/300ncroftavenue_inverness_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/3/2024 1:33:50 PM)
Listing courtesy of KELLER WILLIAMS REALTY NEW TAMPA   Phone: 813-994-4422

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

300 N Croft AVENUE, Inverness, FL, 34453

$1,400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.636% 6.684%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,171 $7,079 $9,756
Total Monthly Payment $7,296 $7,204 $9,881

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.