Seize the extraordinary opportunity to own 54 feet of prime riverfront on the unparalleled beauty of the Weeki Wachee River. Nestled along the 7. 5-mile crystal-clear stretch, this property boasts a rare blend of natural wonders and Florida history. The Weeki Wachee River, fed by the legendary Weeki Wachee Springs, maintains a constant 74-degree temperature year-round, creating an idyllic haven for water enthusiasts. Weeki Wachee Springs, a historic roadside attraction since the 1940s, is renowned for its live mermaid shows, adding a touch of magic to this already enchanting location. The springs complex contributes over 112 million gallons of water daily to the river's flow, ensuring a continuous spectacle of pristine waters. Multiple smaller springs further enhance the river's allure as it meanders through a state park to its conclusion at the Mud River, ultimately flowing into the Gulf of Mexico at Bayport. This property is not only a potential future home site but also a sanctuary for
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$445,000
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 | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,339 | $2,339 | $2,980 |
Total Monthly Payment | $2,414 | $2,414 | $3,055 |
* 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.