Nestled in the serene and vibrant landscape of Hudson, Florida, this expansive 40-acre perfect square property offers a unique blend of natural beauty and potential for development. Owner has pre-approval from the county for a 30 to 35 home development on the property. Property has 0. 2 acres of wetland which can be dug out to be a pond or retention for development. The property is fully fenced except for approximately 20 feet that is heavily wooded on the West side. North, South and East sides of property are all fully fenced. Orwell Road runs adjacent to the East side of the property, providing North-South travel along the entire East side, and features two gates for entry. Access to the property can also be obtained via Elliott Road and also provides gate access. Power accessibility is available on the West side and Southeast corner of the property via Withlacoochee River Electric Cooperative, Inc. This 40-acre plot presents a wealth of opportunities. It is ideal for a range of uses, from agricultural pursuits, such as farming or ranching, to residential development. The land's size and diversity make it suitable for subdividing into smaller parcels, potentially for custom home developments or a private estate. Located just 9 minutes away from US-19 and just 15 minutes from Suncoast Parkway, this location offers ease of access and excellent connectivity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,325,000
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 | $1,860,000 | $1,860,000 | $1,860,000 |
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% | 6.876% | 6.830% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,910 | $12,064 | $16,331 |
Total Monthly Payment | $12,035 | $12,189 | $16,456 |
* 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.