|
DIRECT GULF ACCESS • OPEN WATER GULF VIEWS • WESTERN REAR EXPOSURE • 77-FT CONCRETE SEAWALL Rare opportunity to own a premier 7, 700-square-foot waterfront homesite in desirable Hernando Beach with breathtaking OPEN GULF VIEW, DIRECT GULF ACCESS, and spectacular western-facing SUNSETS year-round. This exceptional property features a 77-foot concrete seawall and offers the perfect setting to build your custom elevated coastal dream home. Enjoy the unique combination of UNOBSTRUCTED WATER VIEWS and the NATURAL PROTECTION and beauty of Mangroves across the canal. The mangrove trails provide excellent opportunities for kayaking and wildlife viewing, while a sandy beach area beyond the mangroves can be accessed during low tide for an added touch of Old Florida charm. This residentially zoned lot is located within a flood zone, and new construction must be elevated in accordance with current building requirements. Zoned R1B for SINGLE-FAMILY HOMES only (No mobile or manufactured homes are permitted). Property is located in a flood zone, so any future home will need to be ELEVATED. There is NO TIMELINE TO BUILD, allowing you to secure your piece of paradise now and build when ready. County water, sewer, and electric utilities are available at the street, simplifying the building process for future homeowners, builders, or investors. Located in the sought-after coastal community of Hernando Beach, you'll enjoy immediate access to world-class boating, fishing, kayaking, paddleboarding, and waterfront dining. Nearby attractions include Weeki Wachee Springs State Park, marinas, shopping, restaurants, medical facilities, and everyday conveniences, all while maintaining the peaceful atmosphere of Florida's Nature Coast. With NO HOA, NO DEED RESTRICTIONS, and NO SHORT-TERM RENTAL RESTRICTIONS, this property offers exceptional flexibility for a primary residence, vacation home, or investment property. Don't miss this rare chance to secure a waterfront Gulf-access lot with panoramic water views and unforgettable sunsets in Hernando Beach. Land financing options may be available. Property is located on the left side of the road just past 4177 Orchid Drive. Lot lines shown in aerial photography are approximate. Property is currently combined with the adjacent residence and will be subdivided prior to closing. Tax information is subject to change following parcel separation.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,110 | $3,278 | $4,311 |
| Total Monthly Payment | $3,202 | $3,370 | $4,403 |
* 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.