BUILD YOUR DREAM HOME!!! Here is an exceptional opportunity to create and construct your dream home within an already established community in a highly desirable area of south Hillsborough County, Florida. This particular lot boasts several advantages, including a LOW homeowners association (HOA) fee and NO community development district (CDD) fees, making it an appealing choice for potential buyers. By taking advantage of this opportunity, you can design and build a fully custom home without being bound by a specific builder's floor plans or requirements. You have the freedom to select your preferred builder, although obtaining HOA approval will be necessary to ensure compliance with community standards. The lot itself is already cleared and flat, offering a convenient foundation for your future residence. Within a short 5-minute drive, you can easily access Sun City Center Blvd, where you'll find a range of amenities including local restaurants, grocery stores, shops, and more. Additionally, the property is only a 5-minute drive from I-75, providing excellent connectivity to nearby areas. Access to the Tampa Bay area, including marinas and parks, is just a 15-minute drive away. If you frequently travel, Tampa International Airport is conveniently located within a 40-minute car ride. Cypress Creek Elementary School, Beth Shields Middle School, Lennard High School, and Hillsborough Community College (South Shore Campus) can all be reached within a comfortable 10-minute drive, ensuring convenient access to quality education. Residents can enjoy the perks of a beautiful Championship Golf Course and a sprawling 640-acre Nature Preserve located within the community. Furthermore, annual community activities foster a strong sense of camaraderie among neighbors. This lot is worth serious consideration for those seeking to build their dream home in the Sun City Center area of Florida. ***PLEASE NOTE: The Seller also owns the pool house right next to this lot and is willing to sell both the house and the lot to the same buyer if interested. The house is listed on the MLS with # TB8308601
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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 | $79,200 | $79,200 | $79,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $527 | $526 | $668 |
Total Monthly Payment | $602 | $601 | $743 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.