The Springs on Kings Bay is a highly desirable gated subdivision located in the heart of Historic Crystal River. If you are looking for a buildable homesite in a quiet and convenient location with plenty of amenities nearby, this could be a great opportunity for you. One of standout features of this property is an assigned boat slip located within sight of Hunter Springs Park and its fresh water springs. A very short boat ride brings you to Kings Bay and the beautiful Crystal River with numerous points of interest. Direct Gulf access! Additionally, across from the entrance to the Springs on Kings Bay subdivision is Kings Bay Park. If you're interested in activities like canoeing, paddleboarding, or swimming with manatees, there are vendors available to facilitate those experiences. Hunter Springs Park is a short 5-minute walk to the east of the subdivision. This park boasts a public freshwater beach that is fed by numerous natural springs. If you appreciate the convenience of having amenities within close proximity, Historic Downtown Crystal River is just 2 blocks to the north of the subdivision. There you can find a variety of shops, entertainment options, and dining establishments. The lot features city water, sewer, and electricity connections. Furthermore, the north side of the lot is next to a protected nature area, providing a sense of privacy and an opportunity to enjoy the surrounding natural landscape. Overall, the Springs of Kings Bay offers a unique opportunity to live in a gated community with a variety of amenities and natural attractions nearby. With its convenient location, stunning natural beauty, and abundant wildlife, it could be the perfect place to live out your dream lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$190,000
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 | $152,000 | $152,000 | $152,000 |
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 | $1,011 | $1,010 | $1,282 |
Total Monthly Payment | $1,086 | $1,085 | $1,357 |
* 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.