Discover Your Dream Development Opportunity: Exclusive . 99 Acre Lot in Prime Largo Location
Unlock the door to limitless possibilities with this prime . 99 acre vacant lot nestled in the heart of Largo, a location renowned for its desirability and potential. Whether you envision a commercial enterprise or a residential oasis, this land offers the unique flexibility to bring your dream project to life, with the potential to develop up to 23 residential units or a bespoke commercial venture.
Key Features:
Lot Size: . 99 acres
Development Potential:
Up to 23 residential units
Commercial ventures such as retail strip centers, specialty stores, or office suites
Market Insights:
Surrounding Area: New builds ranging from $400, 000 to $800, 000
Rental Potential: Properties in the vicinity command impressive rates of $3, 000 to $5, 000 per month
Location Highlights:
Convenience: Close proximity to Publix, elite recreational facilities, pristine beaches, diverse retail options, gourmet dining, and Largo Mall
Accessibility: Short drive to Tampa International Airport and easy connectivity via HWY 275 to downtown St Petersburg, Tampa, Sarasota, and beyond
Nearby Attractions:
St. Petersburg: Cultural vibrancy with bustling nightlife, trendy spots, museums, and the iconic Sunscreen Film Festival
Clearwater: Redeveloping downtown, Clearwater Marine Aquarium, extensive walking trails, vibrant sports and recreational scene, events at Coachman’s Park, world-renowned beaches, marinas, and entertainment options
Tampa: Buccaneers football, Yankees training camp, Tampa Gasparilla Film Festival, Seminole Hard Rock Hotel Casino
Sarasota: Cultural and recreational activities, Sarasota Film Festival
Why This Lot?
This property is more than just a piece of land—it's a foundation for future success in one of Florida's most sought-after locations. Whether driven by personal ambition or strategic investment goals, this lot promises a horizon filled with potential and prosperity.
Viewing Information:
The property is easily accessible to the public and can be viewed at any time. Please inform us if you plan to visit.
Seize the opportunity to craft a legacy in this vibrant and burgeoning market. Thank you for your interest.
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Our Executive Mortgage Banker:
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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 | $820,800 | $820,800 | $820,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,256 | $5,256 | $7,207 |
Total Monthly Payment | $5,381 | $5,381 | $7,332 |
* 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.