If you were looking for your own little corner on the canal and the ocean, then look no further! Nestled in the Hernando Beach area, this waterfront property in a small vibrant community brings you back to a that coastal town feel that you always wanted. This property is currently vacant and can be developed to build your future dream home or you can use it as your favorite water tour spot! There is no HOA associated with this property. Situated right on the canal, it's a very short waterway trip to the Gulf of Mexico! Please see the pictures and breathtaking video drone tour link to appreciate the potential this property posseses. The Owners of this piece of land are also selling the house next door. This might be a great opportunity to purchase both sites! Inquire with the Agent of record for more information. Rather than going to the site unscheduled, please schedule a showing with your Agent or with the Agent of record for a tour. The current Owners occasionally house their dogs on site and arrangements need to be made ahead of time. There is a shed on site and can be negotiated with purchase. The Owners request offers that are not assignable nor seller financed. Please see this rare Gulf gem property before it's gone!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,267 | $1,250 | $1,585 |
Total Monthly Payment | $1,342 | $1,325 | $1,660 |
* 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.