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Rare opportunity to own almost 1/2 acre in the heart of Lutz. This parcel is a 0. 31-acre lot and is being offered for sale with the adjacent property and newer built home located directly behind this parcel on Quail, MLS #TB8514549. This lot already has Existing improvements in place with the Garage and carports. This unique property features a detached garage and carport, providing valuable space for vehicle storage, equipment, hobbies, recreational vehicles, or future use. Zoned for residential use, the lot offers an excellent opportunity to build a custom home, create a private retreat, or secure land for future investment in a highly desirable area with NO deed restrictions, NO CDD fees, No tell me what to do rules here. Purchasing both properties together creates a unique opportunity to control additional land, enhance privacy, expand outdoor living space, create room for recreational vehicle or boat storage, establish a workshop area, accommodate multi-generational living needs, or simply enjoy the flexibility that comes with owning a larger combined footprint. Opportunities to acquire neighboring properties in this location are increasingly rare and may provide possibilities that would not otherwise be available with either property alone. Conveniently located near shopping, dining, parks, schools, and major commuter routes including SR 54, US-41, I-75, and the Veterans Expressway, this property offers the perfect balance of accessibility and tranquility. Please note that there are currently no utilities connected to the property. Buyers should verify zoning, building requirements, utility availability, and intended uses with Hillsborough County. Whether purchased independently or together with the neighboring residence, this property presents a rare chance to secure valuable land in one of Lutz's most sought-after locations.
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William Raveis Mortgage, LLC
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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 | $100,000 | $100,000 | $100,000 |
| 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% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $608 | $631 | $830 |
| Total Monthly Payment | $683 | $706 | $905 |
* 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.