12500 Hamlin ROAD, Spring Hill, FL, 34610 | $3,500,000

Breathtaking 40-acre mol slice of Heaven. Are you looking for a family compound? How about a builder potential property? This 40-acre mol parcel has several opportunities to do just that, for new residential development, farming or equestrian use! This property is located in fast growing Pasco County. With close proximity to TIA and situated near US 41 and State Road 52. This fully fenced property is currently green belted with grazing cattle with an 1860 square foot, Jacobson mobile home, which is included with the land. The unit is tenant occupied with a month-to-month lease. Great opportunity to build your dream home while you live in the mobile during construction. The property has a 4" well and septic. This land has endless possibilities for an investor, developer or someone looking to build their dream home on acreage! Zoning is Agricultural with RES-3 Future use. There is no HOA, CDD or Deed restrictions. The property has access from multiple roads and paved road frontage. 1. 7 Miles NW from SR 52 and US 41. See preliminary sketch of a possible land development housing option! This acreage offers so many possibilities. Owner Financing available. Properties like this don't come around very often, so act today as this will not last long.

Features

  • Lot Size: .
  • MLS#: T3515077
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/T3515077/12500hamlinroad_springhill_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 5/19/2024 10:47:09 AM)

William Raveis Family of Services

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Ina KamboSales Associate

203.228.2273

Ina.Kambo@raveis.com

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Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

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12500 Hamlin ROAD, Spring Hill, FL, 34610

$3,500,000

Ina Kambo

Sales Associate

William Raveis Real Estate

Phone: 203.228.2273

Ina.Kambo@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,800,000 $2,800,000 $2,800,000
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% 6.989% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,864 $18,394 $24,777
Total Monthly Payment $18,989 $18,519 $24,902

* 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.