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Prime 12. 93-acre residential opportunity in Beverly Hills, Citrus County, Florida, consisting of three combined parcels platted into 11 individual lots, each exceeding one acre, with a recorded easement for the internal roadway (E. Chestnut Oak Court). This densely wooded tract, featuring mature trees for natural shade and seclusion, is zoned LDRMH (Low Density Residential with Mobile Homes Allowed) and supports single-family homes and manufactured housing at a maximum density of 2. 0 dwelling units per acre, with potential for higher densities via Planned Unit Development approval. Nearly the entire parcel lies in Flood Zone X, with only a small portion in Zone AE, and limited livestock including horses is permitted. Ideally located near shopping, schools, and medical care, the property offers easy access to the natural beauty and recreation that draws you to Central Florida. Crystal River, renowned for kayaking, snorkeling, and manatee viewing is just 15 minutes away and the pristine Rainbow River in Dunnellon is just 19 minutes north, famous for its crystal-clear springs, tubing, kayaking, and wildlife observation. Convenient regional connectivity includes direct access to Tampa via the Suncoast Parkway and to Orlando via the Florida Turnpike. This versatile land presents an exceptional opportunity for a private homestead, family compound, multiple residences, or strategic investment in an area of growing residential demand. All information is deemed reliable but should be independently verified by the buyer or buyer’s agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,995
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 | $263,996 | $263,996 | $263,996 |
| 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 | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,625 | $1,667 | $2,192 |
| Total Monthly Payment | $1,700 | $1,742 | $2,267 |
* 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.