Are you a Developer, Investor or Builder searching acreage for sale in the Tampa, Florida area? If you are seeking to build a new community or subdivision in a centrally located area near Downtown Tampa, major highways & interstates of I-4/I-75/Highway 275/US-41, businesses, restaurants, family entertainment areas and city transit access - then look no further! This 5-acre parcel of developable multi-purposed land is located within the inner city core of Tampa and is located one block north of Hillsborough Avenue, two blocks west of 40th Street & a few miles in proximity to the major interstates/highways. This beautiful park-like tree setting provides fantastic residential development opportunities for creating your own city oasis, a community of single family homes or multi-family townhomes or condos or even a mega place of worship. Rezoning for commercial purposes is also a possibility. The east & south sides of the property are adjacent to several businesses off of Hillsborough Avenue to include an Auto business; Habitat for Humanity; and the Pepin Academies Tampa school. Neighboring homes line the north side of the property. Don't miss out on creating something amazing with this property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,972 | $12,806 | $17,560 |
Total Monthly Payment | $13,097 | $12,931 | $17,685 |
* 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.