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PARTIAL IMPACT FEES PAYS!! INDIRECT GULF ACCESS waterfront lot in the heart of Hernando Beach! This 5, 000 SF (50x100) homesite is ready for you to build your dream coastal retreat and enjoy the Florida waterfront lifestyle. Convenient boating access with indirect Gulf access makes this property ideal for boating, fishing, and kayaking enthusiasts.
Located in a flood zone, any future home will need to be elevated. Zoned R1B for single-family homes only (no mobile homes permitted). Water, sewer, and electric are available at the street and will need to be connected to the future residence. No timeline to build, giving you flexibility to build now or hold as an investment. Docks may be installed without a home currently on the property. This is not an RV lot and RV living is not permitted.
Enjoy all that Hernando Beach has to offer with NO HOA, NO deed restrictions, and NO short-term rental restrictions. Nearby attractions include Weeki Wachee Springs, waterfront dining, live entertainment, local marinas, fishing, kayaking, and shopping. This peaceful coastal community offers the perfect balance of relaxation and convenience with easy access to nearby amenities and attractions.
Lot lines shown in aerial photos are approximate. Property is located on the left side of the road across from 3305 Rose Arbor Drive. Land financing options may be available.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$58,000
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 | $46,400 | $46,400 | $46,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $278 | $289 | $382 |
| Total Monthly Payment | $353 | $364 | $457 |
* 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.