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Presented by
The Magyar Team |
Under contract-accepting backup offers. PRICE DROP from $1. 350M to $950K. FIRST COME FIRST SERVE! DONT WAIT CALL NOW 7. 34-acre property with 4 Buildings, located in the heart of Holiday, Florida. Property goes all the way back to SUNRAY DR. . .
Currently zoned as A-R Agricultural - Residential, versatile land offers incredible potential for rezoning to multi-family development, making it an ideal choice for savvy investors and developers. The existing gymnasium could be integrated into the overall development plan, providing a versatile space for various uses.
Accessibility: Easy access to major highways and local amenities. . . . ½ mile from US-19. . . .
Utilities: Available on-site. . . .
Growing community of Holiday, located near shopping centers, schools, parks, and other essential amenities. . . .
Neighboring property was developed by LENNAR Development Company, roughly 70 townhomes, “Townes of Darlington”. . . .
Property holds significant potential for rezoning to multi-family, enhancing its investment value. . . .
Large Parking Area, basketball court in back of property. . . .
Multiple Buildings: . . . .
Gymnasium- 5, 700 sq. ft. 69 x 83 with 20-foot open ceilings, fully air-conditioned and insulated with kitchen and rest rooms. . . .
Single-Family Home back of property. . . .
School hall 4, 000 sq. ft. . . .
Daycare Facility 4, 400 sq. ft. with kitchen. . . .
Barn. . . .
Investment Potential. . . .
Growth Opportunity: The potential for rezoning to multi-family use aligns with the region's growing demand for residential spaces, promising lucrative returns for developers. . . .
Holiday, is a thriving community with a strong demand for quality housing, making this property a strategic investment for future development. . . . . . . . . . . . . . . .
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.7800
TheMagyarTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $97 | $97 | $97 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,315 | $4,496 | $6,311 |
| Total Monthly Payment | $4,504 | $4,685 | $6,500 |
* 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.