|
Investor alert! Developer’s dream! This is a rare opportunity to acquire 7. 35 acres of prime, flat, and buildable land in one of Riverview’s fastest-growing, high-demand corridors — with the flexibility to build, hold, or create your own vision. Currently zoned ASC-1, the property has Future Land Use designation R-6, allowing rezoning to build up to 44 single-family homes, villas, or townhomes. The parcel offers excellent site layout potential with dual road access from Balm Riverview Rd and Scotts Loop, supporting both development flow and community design. Utilities are accessible — the property is currently on well and septic, but public water and sewer are located directly across the street, making the transition to full development seamless. Set in a rapidly developing area, the property is just one street over from a brand-new AdventHealth hospital project, further boosting property values and long-term demand. The site is also close to top-rated schools, the local YMCA, Planet Fitness, and numerous shopping and dining options, including major retailers, casual eateries, and daily essentials — all within a few minutes’ drive. This is a location buyers and renters are already targeting for lifestyle, convenience, and value. Whether your strategy is build-for-sale, build-for-rent, or simply land bank while the value appreciates, this property delivers on all fronts. This is one of the few remaining large parcels in this part of Riverview with the zoning flexibility and location to support a profitable residential community or alternative use. Contact us today for site plans, and zoning reports.
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:
$1,500,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | $161 | $161 | $161 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,813 | $7,195 | $10,045 |
| Total Monthly Payment | $7,099 | $7,481 | $10,331 |
* 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.