11328 N Cathy TERRACE, Dunnellon, FL, 34434 | $22,900

Unique Opportunity in Citrus Springs – Ideal Lot for Cyclists and Nature Enthusiasts! Exclusive Highlight: If you’re passionate about cycling or outdoor activities, this is the property you’ve been waiting for! Located near the bike lane and with easy access to the Withlacoochee-Dunnellon Trail, one of the most renowned cycling trails in the region, this lot offers the perfect setting for those who value an active lifestyle in harmony with nature. Property Description: This 0. 24-acre lot, nestled in the peaceful community of Citrus Springs, presents an exceptional opportunity to build your dream home in a location with convenient access to major highways and a rich recreational infrastructure. With no HOA fees and R1 zoning, you have complete freedom to develop your property without restrictions. Key Features: R1 Zoning: Ideal for building a single-family home. No HOA Fees: Enjoy full freedom to develop your property without additional costs or restrictive rules. Perfect for Cyclists and Nature Lovers: Proximity to the bike lane and the Withlacoochee-Dunnellon Trail, a 46-mile long trail, ensures easy access to one of Florida’s top cycling and hiking routes. Location Advantages: Quick Access to Major Highways: Just minutes from US-41 and FL-40, providing easy travel to Tampa, Orlando, and other nearby cities. Natural Attractions: Only 1 hour from the Gulf of Mexico beaches and 20 minutes from the beautiful Rainbow Springs State Park, a true natural paradise for outdoor activities. Investment Potential: With strong appreciation potential, this lot offers the perfect combination of tranquility and proximity to various recreational and urban amenities. Whether you’re looking to build your dream home or make a smart investment, this property is an excellent opportunity.

Features

  • Lot Size: 85 x 125
  • MLS#: O6272781
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6272781/11328ncathyterrace_dunnellon_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/19/2025 7:32:07 AM)
Listing courtesy of BB GROUP REALTY CORP   Phone: 407-624-7625

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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11328 N Cathy TERRACE, Dunnellon, FL, 34434

$22,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $18,320 $18,320 $18,320
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 $120 $122 $155
Total Monthly Payment $195 $197 $230

* 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.