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1551 Osowaw BOULEVARD, Spring Hill, FL, 34607 | $750,000
The opportunity is to purchase a 51. 1-acre tract located in Aripeka in Hernando County. The land is heavily wooded, providing a natural and tranquil setting. It features significant frontage on Osowaw Blvd (1, 379 feet), providing visibility and accessibility. It's estimated to have approximately 17. 66 acres of wetlands.
Approximately 31 acres on the western side of the property are zoned AG (Agriculture), primarily designated for conservation and preservation, while the remaining 20 acres are zoned R1A (Residential), which allows for low-density residential development. The parcels have a future land use of Conservation. Accordingly, this opportunity is ideal for someone seeking a family homestead, a recreational retreat, or a property for conservation. It offers the potential for building a private home surrounded by nature, creating a family compound, or enjoying activities like hunting, fishing, and exploring nature trails, all while taking in serene natural views.
Water is to the property, and sewer is just 1. 2 miles down Osowaw Blvd. There are two houses on site: one is 1, 688 sq. ft. built in 1970, and the other is 1, 084 sq. ft. built in 1940. The condition of the houses is unknown and requires further assessment.
The property is located at 1535 Osowaw Boulevard (County Road 595) in Aripeka in southern Hernando County. Aripeka is a peaceful, historic town on Florida's Nature Coast, nestled between the Gulf of Mexico, marshes, and natural springs. The town's tranquil, laid-back atmosphere is reflected in its scenic streets, where fishing from bridges and enjoying the surrounding natural beauty are common activities.
The site is two miles away from US Highway 19, where local shops, medical, and restaurants are located. Given its close proximity to the highway, it is commutable to nearby cities: Weeki Wachee (12 minutes), Spring Hill (20 minutes), Brooksville (35 minutes), Tarpon Springs (40 minutes), Homosassa (40 minutes), Crystal River (50 minutes), and Tampa (1 hour). In addition, the property can easily access nearby recreational destinations, including Weeki Wachee Preserve, SunWest Park, Pine Island Park, and Cabot Citrus Farms.
Features
- Lot Size: 1378 x 2188 x 675 x 675 x 670 x 1290
- Lot Desc: Conservation Area, Greenbelt, City Lot, In County, Pasture, Rolling Slope, Rural, Sloped, Wetlands, Wooded
- View: Trees/Woods
- MLS#: TB8318557
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/TB8318557/1551osowawboulevard_springhill_fl?source=qrflyer
Listing courtesy of ESHENBAUGH LAND COMPANY Phone: 813-287-8787
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1551 Osowaw BOULEVARD, Spring Hill, FL, 34607
$750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,042 | $3,942 | $5,060 |
| Total Monthly Payment | $4,134 | $4,034 | $5,152 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388