Seize the opportunity to invest in a prime 60-acre (MOL) high and dry buildable lot, strategically located next to new, upcoming developments. With direct access to Fort King Road, this property is currently zoned AC, with future land use designated as VMU2B (Village Mixed Use Type 2-B). Situated in one of the most strategic areas in Pasco County. Location highlights include being just 7 minutes from "Mirada Lagoon, " the largest development in Pasco County, featuring over 5, 000 homes, and only 5 miles from Downtown Zephyrhills, 6 miles from Downtown Dade City, and 3 miles from Walmart Supercenter, Lowe's, Publix, and local hospitals. It is centrally located with excellent connections to Tampa, Orlando, Lakeland, Zephyrhills, Dade City, San Antonio, and Wesley Chapel via US 98, US 301, I-4, and I-75. The property features a beautiful custom brick home with 3 bedrooms, 2 baths, offering 2, 520 sq. ft. of living space plus an additional 400 sq. ft. gym/office. The home includes an open living and dining area with vaulted ceilings and a wood-burning fireplace, leading to a charming screened back porch overlooking a scenic pond. The modern kitchen features a large center island, Jenn-Air cooktop, granite countertops, stainless steel appliances, an oversized walk-in pantry, and a spacious laundry room off the kitchen. The roof was replaced in 2017. Additional structures include a separate 1, 200 sq. ft. masonry equipment barn/workshop with a half bath and sink, an RV/boat carport with water, sewer, and electric hookups, a 600 sq. ft. equipment bay, and a row of 6 beautiful, strong, and secure chicken coops, each measuring 10 ft. by 12 ft. , totaling 720 sq. ft. The property also features solar panels, a 225 ft. deep well. The land can be divided into three 20-acre parcels, offering flexibility for various subdivision options or maintaining a contiguous 60-acre parcel. It is currently Green-belted with leased hay/cow fields, presenting numerous development opportunities. This property is perfect for investors and developers, being ideal for office buildings, warehouses, medical facilities, townhomes, single-family residences, hotels, self-storage units, restaurants, and more. Situated in a high-traffic area, this property is poised to capitalize on the region's booming growth. This exceptional land opportunity in Pasco County is waiting for your vision. Call today for more information!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $557 | $557 | $557 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,051 | $23,350 | $31,608 |
Total Monthly Payment | $23,733 | $24,032 | $32,290 |
* 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.