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Positioned along a major corridor in one of Dade City’s fastest growing areas, this 4. 89 acre parcel offers a rare opportunity for residential or potential commercial development. With direct frontage on Clinton Avenue and strong daily traffic exposure, the site benefits from increasing residential expansion and nearby commercial growth throughout surrounding areas.
Property Highlights
Size: 4. 89± acres
Location: One mile West from Us Hwy 301 and Clinton (SR 52) Intersection
Access: Direct frontage on Clinton Avenue (major roadway)
Zoning: R1MH (Residential - Single family/Manufactured Home) with potential for commercial rezoning - subject to approvals
Future Land Use: Res6 (Allowing for 6 units per acre plus many other uses)
Utilities: Public Water/ Sewer Nearby
438' of frontage, with visibility in a high-traffic area with estimated daily count of 10500.
Zoned R-1MH Single-Family/Mobile Home District allowing for single-family detached dwellings and single-family mobile homes on individual lots Special exception uses allow for: -Duplexes - Day-care centers - Churches - Professional services such as medical, dental, legal and engineering
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 |
|
|---|---|---|---|
| Loan Amount | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,689 | $3,783 | $4,976 |
| Total Monthly Payment | $3,781 | $3,875 | $5,068 |
* 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.