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Under contract-accepting backup offers. Short Sale. BANKRUPTCY HOME! Opportunity Knocks On This 10± Acre AG-Zoned Homesite In Brooksville! Located At 27178 Hickory Hill Rd, This Property Features A Partially Completed 2, 500 SqFt Home Designed With 4 Bedrooms, 3 Bathrooms, And An Office. The Home Is Currently In The Remodeling Phase And Offers A Strong Head Start With New Windows Installed, Framing Completed, Rough-In Electrical In Place, And Available Plans And Permits.
The Property Also Includes A Stunning Pool With Waterfall, Measuring An Impressive 30’ x 16’ With A 7. 5’ Deep End And Dramatic Waterfall Cliff Feature, Creating A Resort-Style Setting. Additionally, There Is A Massive 50’ x 30’ Garage With Sub-Panel And Two Roll-Up Doors—Ideal For Equipment, Vehicles, Or Workshop Use.
Zoned Agricultural, With No HOA And Located In Flood Zone X (Not In A Flood Area), This Expansive Acreage Offers Privacy, Flexibility, And Endless Potential. Being Sold As A Chapter 7 Bankruptcy Property And Will Require Completion.
Perfect For A Builder, Investor, Or Owner-Occupant Looking To Finish The Project And Create A Custom Estate On Acreage. Cash Or Renovation Financing Likely Required. Bring Your Vision And Unlock The Potential Of This Unique Property. Well and Septic. Plans attached The Buyer Will Be Responsible For Turning On Utilities For Inspections And Due Diligence. Sold As-Is And Subject To Lender Approval. Call To Schedule A Showing Today.
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Our Executive Mortgage Banker:
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$399,999
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 | $319,999 | $319,999 | $319,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $639 | $639 | $639 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,842 | $2,049 | $2,657 |
| Total Monthly Payment | $2,556 | $2,763 | $3,371 |
* 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.