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Set within the sought-after Royal Highlands community, this nearly half-acre wooded homesite presents an excellent opportunity to create a custom home surrounded by the natural beauty and peaceful atmosphere that make this area so desirable. Set along a quiet residential road, the property enjoys a tranquil setting with an existing home located behind the lot, providing the added convenience of nearby access to electricity and water for future development. Known for its generously sized homesites and absence of HOA restrictions, Royal Highlands offers the freedom to design and build according to your vision while enjoying additional space and privacy. Picture a home nestled among towering pines and native Florida greenery, where mornings begin with the sounds of nature and evenings are spent enjoying peaceful surroundings beneath open skies. While offering a secluded feel, the property remains conveniently connected, located approximately 14 miles from the Suncoast Parkway for easy access to Tampa, the airport, shopping, dining, and surrounding communities. Outdoor recreation is abundant nearby, including Weeki Wachee Springs State Park, where crystal-clear waters invite kayaking, paddleboarding, swimming, and live mermaid shows; Hernando Beach and the Gulf Coast, known for boating, fishing, waterfront dining, and breathtaking sunsets; and the Chassahowitzka Wildlife Management Area, offering miles of scenic trails, wildlife viewing, paddling adventures, and opportunities to explore Florida's natural landscapes. Whether you're planning your forever home, a seasonal retreat, or an investment for the future, this property provides the ideal setting to bring your vision to life while enjoying the perfect balance of privacy, nature, and convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$37,000
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 | $29,600 | $29,600 | $29,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $180 | $187 | $246 |
| Total Monthly Payment | $255 | $262 | $321 |
* 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.