Seize the opportunity to own a 0. 24-acre lot in the rapidly developing community of Citrus Springs! This lot is located in an area experiencing significant growth, offering an excellent prospect for those looking to build their dream home or make a smart investment. With its excellent topography, the lot provides a solid foundation for construction, reducing site preparation costs.
Lot Features: Prime Location in a Growing Area: Situated on N Deltona Blvd, this lot is part of a developing neighborhood with many new constructions, making it an ideal spot for investors or homeowners seeking to build in a booming area. Excellent Topography: The lot is level and solid, offering a stable foundation for construction, making the building process smoother and more cost-effective. Spacious Lot: At 0. 24 acres, this lot offers plenty of space for a custom home, outdoor living areas, gardens, or even a pool.
Utilities Available: Water and electricity connections are already available at the lot, making it easier to begin construction without delays.
Zoned for Single-Family Homes: This lot is zoned for single-family residences, offering the perfect opportunity to build your ideal home in a growing community. No HOA Fees: Enjoy the freedom to design and modify your property without the restrictions or fees of an HOA.
Proximity to Amenities: The lot is just minutes away from major roads, shopping centers, restaurants, parks, and other amenities, providing easy access to daily necessities and services.
Neighbor Next Door: The lot has a neighboring property, offering a sense of community and security.
Expanding Community: The area is rapidly developing, with many new homes being built, which could lead to property value appreciation in the future. Perfect for Building Your Dream Home: With its prime location, solid topography, and spacious lot size, this property provides the perfect opportunity for anyone looking to build a custom home in a desirable and growing neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$24,900
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 | $19,920 | $19,920 | $19,920 |
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 | $134 | $132 | $168 |
Total Monthly Payment | $209 | $207 | $243 |
* 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.