This prime piece of vacant land, located at 6658 E Grayson St. in Inverness, Florida, offers a unique opportunity to build your dream home or investment property in a desirable, peaceful area. Spanning 9, 600 sf, this property is zoned for MED Density Residential use, providing flexibility for a variety of residential development options.
Key Features:
Zoning: MED Density Residential – perfect for single-family homes, duplexes, or multi-family residences (subject to local regulations).
No HOA Fees: Enjoy the freedom of no HOA fees, allowing for more flexibility and fewer restrictions on property use.
Convenient Location: Situated in the charming city of Inverness, this land is just minutes away from local amenities such as shops, restaurants, schools, and parks. With easy access to major highways, you'll have a quick commute to nearby cities like Crystal River and Ocala.
Peaceful Setting: Enjoy a quiet, serene atmosphere while still being close to all the area offers. This location offers the best of both worlds—a tranquil retreat with modern conveniences nearby.
Potential for Growth: Inverness is a growing area, making this an excellent investment opportunity for future development.
Whether you're looking to build a single-family home, develop a multi-family property, or invest in land with great potential, this property offers endless possibilities. Don’t miss out on this exceptional opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,000
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 | $11,200 | $11,200 | $11,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $74 | $74 | $94 |
Total Monthly Payment | $149 | $149 | $169 |
* 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.