Premium Florida Land: High-Value Investment Opportunity in One of the Most Sought-After AreasExclusive Lot for Sale in Citrus Springs: Total Lot Size: 0. 56 acres , situated at a prime corner location in one of the most rapidly appreciating areas of Citrus Springs, surrounded by neighbors in a growing and highly desirable neighborhood.
Lot Features: Utilities: Water and electricity readily available, providing convenience for immediate construction.
Quality Infrastructure: Well-paved streets and easy access to key parts of the city, ensuring both convenience and long-term property appreciation. Topography: Gentle elevation, no more than 1 foot above street level—ideal for easy construction and development.
Region Highlights: High Appreciation Potential: Citrus Springs is undergoing continuous development with new construction projects and infrastructure improvements, making this one of the best investment areas in Florida. No HOA Fees: Enjoy complete freedom from HOA restrictions, offering flexibility and autonomy for your development plans. Top Community Amenities: Optional access to tennis courts, playgrounds, and a golf course, in a community that’s rising in popularity. Accessibility and Location: Strategic Access: Easy access via US-41 and FL-40, connecting directly to major highways in Florida. Close to Major Urban Centers: Just minutes away from Tampa and Orlando, with easy access to world-renowned beaches and natural parks.
Distances to Key Attractions: Beaches: Gulf of Mexico beaches are approximately 1 hour’s drive west of the lot. Natural Parks: Rainbow Springs State Park, only 20 minutes to the north, offers hiking trails, natural springs, and a pristine environment for outdoor activities.
Region and Investment Advantages: Growth and Expansion: This area is seeing ongoing development, with increasing demand for new properties, ensuring excellent long-term growth. Safe Investment: This lot is in one of the most sought-after locations, offering great potential for property appreciation and a prime place to build your dream home in a thriving community. Exclusive Investment Opportunity: This corner lot, located in a highly desirable and rapidly growing area, represents one of the best land investment opportunities in Citrus Springs. Take advantage of this chance to own land in one of the most promising neighborhoods where property values are expected to rise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$32,900
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 | $26,320 | $26,320 | $26,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $175 | $175 | $226 |
Total Monthly Payment | $250 | $250 | $301 |
* 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.