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Direct Gulf Access Lot in Palm Grove Colony – Seawall in Place!
This amazing Gulf Coast Fishing lot offers 60 feet on a saltwater canal with a concrete seawall, providing direct access to the Gulf of Mexico via the Mud River with no fixed bridges. Cast for redfish, snook, and snapper right from your backyard, or watch dolphins and manatee swim past while you plan your dream home.
Welcome to Palm Grove Colony, a hidden gem in Hernando County just 60 minutes north of Tampa International Airport, easily reached via the Suncoast Parkway. This spring-fed riverfront community feels like stepping back into old Florida—peaceful, natural, and away from the hustle of US 19 and SR 50.
One of the most unique features of this neighborhood is Little Salt Spring, a community-owned spring exclusively for residents to enjoy. At the heart of the area lies the Mud River, a 3-mile-long spring-fed waterway flowing into the Gulf at Bayport and fed by both Mud River Spring and the world-famous Weeki Wachee River. With crystal-clear, 74-degree water year-round, this river is perfect for boating, fishing, snorkeling, scalloping, and even swimming with gentle manatees.
Outdoor enthusiasts will find endless opportunities for adventure here—whether it’s boating straight to the Gulf, diving into spring-fed waters, or simply relaxing in a quiet, natural setting.
If you’ve been searching for the perfect place to build your Gulf Coast Fishing Home, look no further. Palm Grove Colony is where old Florida charm meets the best of waterfront living.
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:
$225,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,022 | $1,078 | $1,459 |
| Total Monthly Payment | $1,097 | $1,153 | $1,534 |
* 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.