Commercially zoned land in sought after Keystone, FL. This nearly 1-acre square-shaped parcel is located right in the middle of the Tampa Bay Metro between Pinellas, Pasco, and Hillsborough Counties. The zoning is straight CN, so there are no finicky PD restrictions in place- just normal county LDC rules govern the site. The owner has an active county-approved Site Plan with ROW fees paid and permits to break ground in place, including architectural renderings of a 5, 000 sq. ft building. Traffic counts were more than 5, 900 vehicles per day back in 2020 and likely well more than 6, 500-7, 000 now. This area of Hillsborough County has one of the highest per capita household income and family net worth than any other zip code demo in the county. This parcel is one of the only usable commercial sites in the surrounding area and includes prior 2APS wet zoning. Medical, Office, Retail and a host of use options allowed in CN. Property is located in the rural service area so well and septic apply.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,392 | $3,035 |
Total Monthly Payment | $2,500 | $2,467 | $3,110 |
* 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.