Unlock the potential of this 2.52-acre property featuring four existing residential units, including one single-family home and three mobile homes. All structures require renovation, making this an ideal opportunity for investors, builders, or buyers looking to create value.
The property offers multiple possibilities: renovate the existing units to generate rental income from all four residences, or take advantage of the expansive acreage to clear the site and build your dream estate in a private setting.
With ample space and flexible potential, this property is well suited for those seeking an income-producing investment, a redevelopment project, or a custom homesite. Whether your vision is to restore what's already here or start fresh, the opportunities are endless.
Property is being sold as-is. Buyers are encouraged to verify zoning, permitted uses, and any development or improvement requirements with the appropriate local authorities.
11366 SE 40TH AVENUE, Belleview, FL, 34420
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
