Situated in the heart of Weeki Wachee, this oversized lot measures 125 by 290 feet, located outside the flood zone, with no wetlands, this lot is shovel-ready and primed for development. Royal Highlands - Get off the grid and live in Weeki Wachee. Rural setting yet close enough to Spring Hill and Tampa via the Suncoast Hwy. Lots of new construction in the Royal Highlands subdivision, which is not in an HOA. Power, cable and internet are available. Down the street from Weeki Wachee Springs State Park where you can attend Swampfest or paddle scenic waterways. Only 10 minutes to the award winning World Woods Golf Club by Tom Fazio. 20 minutes to Withlacoochee State Forest that has 2600 acres of ATV riding trails. Royal Highlands is also an easy commute to nearby cities, just over an hour north of Tampa, 1. 5 hours west of Orlando, and one hour from Ocala.
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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 | $47,920 | $47,920 | $47,920 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $323 | $318 | $404 |
Total Monthly Payment | $398 | $393 | $479 |
* 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.