Run! Don’t walk. . this one on Raschke Run in sunny central Florida is here for you to check out! This property is an ideal location to build your dream home. Located on over an acre of land in Weeki Wachee, Florida (home of the world famous Mermaids at Buccaneers Bay. On the lot you will find a tasteful amount of trees that have been left to help add to the privacy that comes with a large lot in a rural area. The land has been partially cleared and thinned out. In the front, the drive has been put into place with a millings / rock. There is also a clearing that was intended to be a homesite prior this. One of the stand out features of this lot is its location and relative proximity to everything you may need…. Shopping, gym, healthcare, groceries, and some of the best fishing in the world, are all right around the corner. This lot is at the dead end and it borders the nature preserve. So the property will have no neighbors to the east. This lot is unique with its location. Also worth noting, the flood rating was 1/10 and the elevation was 50+ feet. The purposed building site has a higher elevation and the drainage flows towards the road. Florida is a hunting and fishing paradise. Some of the best bass, red fish, trout, snook and grouper fishing are a short drive away. There is also a shooting range near by.
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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 | $71,200 | $71,200 | $71,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $492 | $480 | $606 |
Total Monthly Payment | $567 | $555 | $681 |
* 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.