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Calling all family compound seekers, home builders and developers. Are you looking for 2. 5 acres in Odessa, right off State road 54? Welcome to Keystone Park. (Or should I say Grey Hawk) Located next to Lake Polo, the beautiful gated community of Grey Hawk was built around this beautiful piece of land in the early 2000s. Imagine having the security of a guard attended gated entrance and not having to pay the $200 a month HOA that all your neighbors do. That's right, with purchasing this home, you would have the option to join or NOT join the HOA because technically you are not part of Grey Hawk. That means you aren't paying the high taxes either. We have a 5-bedroom, 2-bath home with potential to build a family compound or enough land to develop a small community by dividing into 10 quarter-acre lots and build 10 homes of 3, 000+ square feet each. The land is all clear and ready to build. Now let's talk about the location. Conveniently located one mile from the Suncoast Parkway with very easy access to just about anywhere north or south. Heading East you're right in the middle of Lutz, Land O Lakes and Wesley Chapel and West toward Trinity and New Port Richey. Surrounded by some of the best shopping and dining in all of Tampa Bay; this is an amazing opportunity for the right person as an investment or family looking to keep their loved ones close. Call or text with any questions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.217% | 6.098% | 5.952% |
| Monthly Tax Payment | $277 | $277 | $277 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,678 | $5,996 | $8,304 |
| Total Monthly Payment | $6,080 | $6,398 | $8,706 |
* 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.