Ready to close in December. Let us know if we can help with financing and/or a 1 point buydown on your mortgage. Discover Your Dream Development Opportunity: Exclusive . 99 Acre Lot in Prime Largo Location, next to the busy corner of Starkey Road/East Bay Avenue. Unlock the door to limitless possibilities with this prime . 99 acre vacant lot nestled in the heart of Largo. Renowned for its desirability and potential, this land offers unique flexibility for your dream project—whether it be a commercial enterprise, residential oasis, or a mixed-use development.
Key Features:
Lot Size: . 99 acres
Development Potential:
Construct a retail strip center, specialty store, or office suites
Develop up to 23 residential units, with or without a commercial component
Market Insights:
Surrounded by new builds ranging from $400, 000 to $800, 000
Rental properties in the vicinity command rates of $3, 000 to $5, 000 per month
Location Highlights:
Proximity to Amenities: Close to Publix, elite recreational facilities, pristine beaches, diverse retail options, gourmet dining, and Largo Mall.
Access: Short drive to Tampa International Airport, with easy connectivity to downtown St. Petersburg, Tampa, Sarasota, and beyond via HWY 275.
Nearby Attractions:
St. Petersburg: Bustling nightlife, trendy spots, museums, and the iconic Sunscreen Film Festival.
Clearwater: Redeveloping downtown, Clearwater Marine Aquarium, extensive walking trails, sports and recreational facilities, events at Coachman’s Park, world-renowned beaches, marinas, and entertainment options.
Tampa: Buccaneers football, Yankees training camp, Tampa Gasparilla Film Festival, Seminole Hard Rock Hotel Casino.
Sarasota: Cultural and recreational activities, Sarasota Film Festival.
Why This Lot?
This property is more than just a piece of land—it's a foundation for future success in one of Florida's most sought-after locations. Whether you're driven by personal ambition or strategic investment goals, this lot promises a horizon filled with potential and prosperity.
Viewing Information: The property is easily accessible to the public and can be viewed at any time. Please inform us if you plan to visit.
Seize the opportunity to craft a legacy in this vibrant and burgeoning market.
Thank you for your interest.
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $819,600 | $819,600 | $819,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $426 | $426 | $426 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,316 | $5,248 | $7,196 |
Total Monthly Payment | $5,867 | $5,799 | $7,747 |
* 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.