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1355 Osowaw Blvd LANE, Spring Hill, FL, 34607 | $1,100,000
The opportunity is to purchase a 48-acre waterfront property in Aripeka (Hernando County). The property is partially wooded and features a six acre bluff which boasts unobstructed water views and its own boat launch. With its size, water access, and wooded areas, the property is perfect for an estate or weekend getaway for outdoor enthusiasts. The northern parcel (45. 7 acres) is zoned AG (Agriculture), while the remaining three frontage parcels (2. 6 acres) are zoned R1B (Residential), which allows for medium-density residential development. In addition to the bluff, there are an estimated 20 acres of uplands along Osowaw Blvd and Indian Bay Road. Water is to the property and sewer is 1. 6 miles down Osowaw Blvd. The site has significant frontage on multiple streets: Osowaw Boulevard (719 feet), Indian Bay Road (1, 523 feet), and Shine Lane (2, 218 feet). There are two houses on site- one with 2, 766 sq ft built in 1984 and another with 1, 483 sq ft built in 1958. The condition of the houses is unknown and requires further assessment.
The property is located at 3217 Shine Lane, accessed via 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 the surrounding natural beauty shapes the environment. 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 has easy access to nearby recreational destinations, including Weeki Wachee Preserve, SunWest Park, Pine Island Park, and Cabot Citrus Farms.
Features
- Lot Size: 1925 x 887 x 252 x 1058 x 276 x 410 x 719
- Lot Desc: Buildable, City Lot, In County, Pasture, Rural, Wooded
- MLS#: TB8319213
- Days on Market: 11 days
- Website: https://www.raveis.com
/prop/TB8319213/1355osowawblvdlane_springhill_fl?source=qrflyer
Listing courtesy of ESHENBAUGH LAND COMPANY Phone: 813-287-8787
William Raveis Family of Services
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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
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1355 Osowaw Blvd LANE, Spring Hill, FL, 34607
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| 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 | $5,635 | $5,635 | $7,726 |
| Total Monthly Payment | $5,760 | $5,760 | $7,851 |
* 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