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Presented by
Anita Gower |
Palm Harbor Executive Acreage – Outstanding Development Opportunity! Presenting an exclusive 4. 2-acre parcel located in the heart of Palm Harbor, this property offers a unique opportunity to establish a private estate in a prime location. Surrounded by mature trees and park-like landscaping, the homesite ensures exceptional privacy and ample space for a bespoke residence. The expansive acreage readily accommodates luxury amenities, including a pool, tennis court, gardens, hobby farm, or additional garages for car collection. The county-friendly zoning permits the keeping of a large farm animal and poultry, supporting an off-the-grid lifestyle while maintaining proximity to urban conveniences. This secluded property, with minimal neighboring visibility, is situated just blocks from business parks, shopping centers, renowned restaurants, downtown festivals, and award-winning beaches. Major routes such as Alt. 19, Belcher Road, and Tampa Road provide direct access to Tampa International Airport and city entertainment venues, facilitating an easy commute. Recent upgrades include demolition of the existing structures, selective land clearing, refurbishing and repairs to the asphalt driveway along the easement (deed recording in process), and new fencing. The entrance off Hermosa has been enhanced with a newly constructed private entrance “Y” driveway layout, and a new gate for the neighboring property is in underway. The ideal development site of one single-family executive home, ensuring exclusivity and long-term investment security. The site is surrounded by neighborhoods featuring substantial homes, reinforcing its status as a valuable generational asset. This vacant land presents a rare chance to design and build a premier Florida estate. Private tours are available upon request to explore the full potential of this distinguished property. Lot 100 was combined with lot 500 in 2015 creating a two structure, six acre single parcel. The owners restored lot 100 to it's original boundaries for this sale, and removed the older home leaving 4. 2 acres m. o. l. and a cleared building pad area in the "x" flood zone shown in todays maps at the South end and slightly larger X500 zone at the North end. Water collects at the North end during the rain season. The West Neighbor maintains their intermittent pond. There is an unimproved Right of Way on the north End with utility connections according to Pinellas County. Buyer should verify. A county culvert crosses this area from the 4. 2 acres to the north Neighbors Pond. Owners should keep this culvert clear. A recorded ingress/egress driveway easement across 3 parcels to access lot 100, is in process. The listing information is deemed reliable; it is not guaranteed and should be independently verified.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,998,500
Sales Associate
William Raveis Real Estate
Phone: 508.840.9030
Anita.Gower@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,598,800 | $1,598,800 | $1,598,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.858% | 5.826% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,078 | $9,330 | $13,170 |
| Total Monthly Payment | $9,203 | $9,455 | $13,295 |
* 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.