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Price Reduced, Owner Motivated. Price Reduced by $45, 000. 00 Outstanding opportunity to own 5 wooded, fully fenced acres in the desirable Royal Highlands area. The existing 4-bedroom, 2-bathroom double-wide mobile home (2, 356 sq ft) is in need of significant repair or removal. The true value here is in the premium acreage and existing infrastructure, saving you tens of thousands of dollars in raw land development costs. The Land is the Value: Five heavily wooded, private acres zoned Agricultural/Residential (AC). No HOA or CDD restrictions. Ready-to-Go Utilities: Avoid the massive expense and delays of drilling. An operational private well, septic system, and power hookups are already on-site. Perfect Blank Canvas: Keep and fully rehab the existing structure, or haul it away to build your dream custom estate or drop in a brand-new manufactured home. Prime Location: Enjoy ultimate rural privacy while staying just minutes from Weeki Wachee Springs State Park, Pine Island Beach, and the Suncoast Parkway for easy commuting to Tampa. Property is being sold strictly As-Is for cash. No traditional financing available for this property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$230,000
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 | $184,000 | $184,000 | $184,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $144 | $144 | $144 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,102 | $1,162 | $1,516 |
| Total Monthly Payment | $1,321 | $1,381 | $1,735 |
* 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.