Under contract-accepting backup offers. A rare infill development opportunity in the heart of Spring Hill. This 5.5-acre corner parcel has just been rezoned to PDP(SF) and approved for 8 oversized single-family home lots ranging from 21,000–24,000+ sq ft.
Situated on the corner of Linden Dr, Mandrell Ave, and Red Coach St, this site offers triple road frontage, public water access, and minimal flood risk (Zone X with a small shaded AE portion). Septic systems permitted. Drainage retention and open space already incorporated.
No HOA, no CDD, and no parkland dedication required (under 50 dwellings). Phase II permitting is already underway.
Zoned PDP(SF) - 5.5 acres / 8 approved lots - Fully entitled | Great topography - Public water | Septic - Surrounded by stable residential homes - Developer-ready | Appraised $330K pre-rezoning
LINDEN DRIVE, Spring Hill, FL, 34608
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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