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Rare opportunity to own a cleared waterfront lot on the MAIN Weeki Wachee River. This approximately 50 by 102-foot lot features 50 feet of seawall and includes a 10x20 storage shed, offering immediate utility while you plan your future build. There is potential to build a dock off the existing seawall (buyer to verify), providing easy river access. The property will convey with professionally designed plans for a 1, 750-square-foot stilt home, and buyers who act soon may have the opportunity to incorporate their own ideas and customizations into the final design. Recent soil testing and a survey with elevation details have been completed, ensuring a streamlined building process. This lot is ideal for a primary residence, a vacation home, or a short-term rental. Enjoy the serene, year-round 72-degree waters and the peace of a private preserve across the river. Conveniently located near the airport, this lot offers an exceptional foundation for your dream waterfront home. Additionally, the adjacent lot is also available for sale.
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Our Executive Mortgage Banker:
Our Insurance Division:
$565,000
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 | $452,000 | $452,000 | $452,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,566 | $2,707 | $3,634 |
| Total Monthly Payment | $2,658 | $2,799 | $3,726 |
* 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.