This is just the parcel your dream business has been searching for. Featuring a square configuration consisting of 1.59 acres all high and dry in zone X, this parcel has a number of feasible uses. This property has three options for development, as-is, re-zone and annexation. As-is, the property is zoned Agricultural with an Urban Medium Density (Residential) Future Land Use. A re-zone staying within the County jurisdiction would be most probable to a RP designation with a max density of 8 dwelling units per acre. "The purpose of this district is to provide single-family, duplex and multifamily housing in an urban area where needed and where urban conveniences and facilities can be provided". Lastly, the prospective option is to annex this property into the City of Tavares and obtain a PD zoning which allows for a number of commercial uses. Discussions with the City have unveiled the opportunity to do these. Sewer and Water are available on the other side of SR-19. Electricity is available. This property is your canvas, call today!
30035 STATE ROAD 19, Tavares, FL, 32778
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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