Come Build your dream home in Hernando Beach South! This waterfront lot is 8272 SF with 85' of water frontage! The $325 annual Homeowners Association fee includes lawn maintenance until your new home is constructed and access to the community boat ramp. NO SHORT-TERM RENTALS ALLOWED in Hernando Beach South. Hernando Beach is a charming waterfront community located in Hernando County, Florida. Known for its serene atmosphere and stunning views, this area is a popular destination for those seeking a relaxed coastal lifestyle. Situated along the Gulf of Mexico, Hernando Beach offers a variety of waterfront properties, including single-family homes, and vacant land. Many of these properties feature private docks and boat lifts, allowing residents to easily indulge in boating, fishing, and other water activities. In addition to its waterfront appeal, Hernando Beach boasts a range of amenities and recreational opportunities. The nearby Weeki Wachee Springs State Park provides opportunities for kayaking, paddleboarding, and even swimming with manatees. For those who enjoy golfing, Hernando Beach is in close proximity to several golf courses, offering scenic fairways and challenging play. The community is also home to a variety of restaurants, shops, and entertainment options, ensuring residents have everything they need within reach. With its picturesque surroundings, waterfront access, and convenient amenities, Hernando Beach is a sought-after location for those looking to embrace the coastal lifestyle. Don't miss out on this incredible opportunity to own a piece of paradise! Embrace the waterfront lifestyle you've always dreamed of and make this land your own. Contact us now to schedule a viewing and start planning your coastal masterpiece. Water, sewer, and power connections are located at the street. Property is located in a flood zone so any home constructed will need to be elevated. R1B zoning for a single-family home. (Please note that lot lines shown on aerials are approximate. )
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Our Executive Mortgage Banker:
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$80,000
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 | $64,000 | $64,000 | $64,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $426 | $425 | $549 |
Total Monthly Payment | $501 | $500 | $624 |
* 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.