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Rare opportunity for INVESTORS AND DEVELOPERS in Hudson, Florida. This offering includes 18 VACANT LOTS SOLD TOGETHER AS ONE PACKAGE, all located within the same established neighborhood just minutes from US-19, SHOPPING, DINING, AND THE GULF COAST.
The property was FORMERLY A DEVELOPED COMMUNITY, with much of the groundwork already in place. MULTIPLE WELLS AND SEPTIC SYSTEMS EXIST, and the seller estimates NEARLY $100, 000 IN IMPACT FEE CREDITS, providing significant COST SAVINGS AND VALUE-ADD POTENTIAL. The AVERAGE LOT SIZE IS APPROXIMATELY 80’ x 100’, offering flexibility for a variety of site plans and layouts.
Public records reflect RESIDENTIAL ZONING, permitting SITE-BUILT AND MODULAR HOMES, with the potential for ACCESSORY DWELLING UNITS (ADUs) ON EACH LOT. This creates strong opportunities for LONG-TERM RENTALS, MULTI-UNIT INCOME STRATEGIES, OR A TINY HOME COMMUNITY, a housing trend that continues to see STRONG DEMAND.
Ideal for a MOBILE OR MODULAR HOME COMMUNITY, TINY HOME VILLAGE, TRADITIONAL RESIDENTIAL BUILD-OUT, OR MIXED-USE RESIDENTIAL CONCEPT. This property offers SCALE, INFRASTRUCTURE, AND LOCATION that are increasingly difficult to find.
Hudson continues to experience STEADY GROWTH, and opportunities like this—MULTIPLE CONTIGUOUS LOTS SOLD AS A SINGLE INVESTMENT PACKAGE WITH EXISTING UTILITIES AND IMPACT FEE CREDITS—are RARE IN TODAY’S MARKET.
OWNER FINANCING AVAILABLE WITH APPROXIMATELY 50% DOWN FOR QUALIFIED BUYERS. SELLER MOTIVATED — BRING OFFERS.
Buyer to verify all zoning, density, usage, and development options through PASCO COUNTY.
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Our Executive Mortgage Banker:
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$699,000
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 | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,219 | $3,398 | $4,532 |
| Total Monthly Payment | $3,311 | $3,490 | $4,624 |
* 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.