Spectacular Views, Multi-Family Development Site with potential Commercial/Retail on hwy frontage. When entering Zephyrhills City Limits from the north this vacant & cleared 4. 71 acres (mol) is currently zoned Multi-Family Zoned (R-4) property. Located on the east hill-side of Gall Blvd (US Hwy 301) at elevations from 120 ft. This prime location is in the immediate path of development being located in close proximity to the signaled intersection of Kossik Rd. and Zephyr Commons Shopping Center consisting of Publix, Staples, Five-Guys, Medical offices, Florida Hospital and many other office & retail tenants including several banks & restaurants, and gas stations. Kossik Rd is scheduled to be a main east/west artery with expansion west to connect to the new I-75 interchange at Overpass Rd. The adjoining 2 parcels 9 acres (mol) are potentially available for assemblage also for a total of 14 acres (mol), as well as additional R-4 property of 12 acres (mol) to the south front Gall Boulevard, and Additional R-4 property to the west fronting Gall Blvd. is also available for possible commercial use to compliment the multi-family. Multiple parcel nearby also may be available for purchase.
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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 | $640,000 | $640,000 | $640,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,397 |
Total Monthly Payment | $4,350 | $4,346 | $5,489 |
* 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.