NEW INFORMATION, READ ALL ABOUT IT. HUGE PRICE REDUCTION !!! READY TO MAKE A DEAL!!! MAKE OFFER !!! What a grand opportunity with this 10-acre mol corner piece of land with excellent development potential. Great for a subdivision project. Currently zone AR but the Underlying land use is R-1 to potentially subdivide the land into multiple 1-acre parcels or development site. Per information from HIllsborough County Zoning Department, The subject property is in AR – Agricultural Rural zoning. This zoning district allows for agricultural uses and one single-family conventional or mobile home per lot. The minimum lot size in AR is five acres with a minimum lot width of 150ft. The future land use designation, which governs what the property could potentially be rezoned to, is Residential-1. This designation allows for the potential rezoning to a zoning district that would allow for up to one dwelling unit per gross acre or rural scale neighborhood commercial or office uses. This designation may not work for any open storage type or industrial uses. This property is in a rural service area. Land is High and Dry with high elevations. FEMA flood Zone X, non-flood zone and no apparent or known wetlands. Beautiful land with many grandfather oaks, fruit trees. . . open pasture areas and a single-family home. This parcel has excellent road frontage on two sides with road frontage on N Taylor Rd and road frontage on Pruitt Rd. Great developing area with new homes in the area and growth potential is limitless. Great easy access location to major roads Interstates, Tampa, T. Terrace, Thonotosassa, Brandon / Seffner areas. Easy access location. The south side of the property is bounded by a school, a beautiful public park and the Radio-Controlled airplane mini airport. This is a great opportunity for the investor, builder, developer or a great private Horse ranch property to build you estate on, there is also a nicely remodeled and updated 2 bed 1 bath home as well that is a great rental for some income. Home is set way back off road with seclusion and privacy. Many large developments in the works in the immediate area. New builder homes selling starting at $500K. This site is a Spectacular Corner Property ready for you to claim. Make it Your Private Estate or Potentially Develop. Water is available and is adjoining to the property with fire hydrants on Pruett Rd and on Taylor Rd . Come and See and Let's Make a Deal Today. !!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 6.915% |
Monthly Tax Payment | $412 | $412 | $412 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,851 | $4,730 | $6,371 |
Total Monthly Payment | $5,355 | $5,234 | $6,875 |
* 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.