Welcome to your opportunity to own a 0. 71-acre lot in the peaceful Ridge Manor Estates community of Webster, FL, located in the heart of Hernando County. This property offers the perfect blend of rural charm and convenience, making it an ideal canvas for building your dream home or investment property. Zoned for single-family residential use, the lot allows for modular homes, site-built homes, or even a barndominium, with no mandatory build timeline. Please note that MOBILE HOMES ARE NOT PERMITTED. Situated just minutes from major routes like I-75, US-301, and I-35, this property provides easy access to Tampa (1 hour), Orlando (under 2 hours), and St. Pete Beach. Nature enthusiasts will love the proximity to Florida's Adventure Coast, offering outdoor activities such as canoeing at local outposts, fishing and boating on nearby lakes and rivers, exploring Ridge Manor Park, or tackling the trails at Croom Motorcycle and Off-Road Park. For water lovers, Weeki Wachee Springs State Park is less than an hour away! The lot is located on a quiet street with just a few neighbors, providing privacy while still being close to amenities. Buyers are responsible for verifying utilities, impact fees, and building requirements with Hernando County. With no HOA, POA, or CDD fees, and low property taxes, this property is as affordable as it is versatile. It also qualifies for USDA financing, making it an excellent choice for your next home or investment. To visit, enter “28°32'54. 5"N 82°11'16. 3"W” into Google Maps for accurate directions. Don't miss out on this motivated seller's offer to own a slice of tranquility in Ridge Manor Estates. Your dream home awaits!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $24,000 | $24,000 | $24,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $160 | $158 | $201 |
Total Monthly Payment | $235 | $233 | $276 |
* 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.