PRIME DEVELOPMENT OPPORTUNITY! Just listed, 15. 56 Acre Site on Fowler Avenue at I-75 with great Visibility from I-75! Seller is willing to sell 4. 75 and 8. 56 acre lots separately and WILL CONSIDER HOLDING PAPER! It is currently zoned AR (Agricultural Rural) has a couple cows on it / Commercial-Industrial Zoning Potential Future Land Use: SMU-6 (6 units/ acre for residential) FAR: 0. 5 - With 20% usage for roads and retention and . 5 FAR - Approximately 232k SF of Warehouse Potential Approximately 1, 600 LF frontage on Fowler Ave & I-75 ramp with Access from Morris Bridge Rd. NE Corner of the E Fowler Ave and I-75 intersection Closest Sewer and Water Connection is approximately 1, 860 LF to the first lot, or 2, 690 LF to the second lot. Per owner there is a A 4" Well dug to 240-260 Feet with 20 feet of casing is onsite. Site is a previous landfill, there maybe GOV Environmental dollars to help with development. Make your offer today before this property is taken in this low inventory market we are currently navigating here in Tampa Bay! THANK YOU!
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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 | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,978 | $19,465 | $26,965 |
Total Monthly Payment | $20,103 | $19,590 | $27,090 |
* 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.