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Attention builders, developers, and investors—9328 N Rada Terrace presents an outstanding opportunity in the rapidly growing Citrus Springs market. Located in an established residential area with ongoing new construction throughout the community, this homesite offers excellent potential for spec home development, build-to-rent opportunities, or long-term land investment.
Citrus Springs continues to attract new residents seeking affordable Florida living, creating strong demand for quality housing. With no HOA restrictions, paved road access, and proximity to shopping, medical facilities, schools, golf courses, and outdoor recreation, this lot is well-positioned for future growth and development.
For individual buyers, this property provides the perfect setting to build a custom dream home in a peaceful neighborhood surrounded by Florida's natural beauty. Enjoy convenient access to biking trails, parks, crystal-clear springs, rivers, and the Gulf Coast while maintaining easy connectivity to surrounding cities and employment centers.
Whether you're a developer seeking your next build site, an investor looking to expand your portfolio, or a future homeowner ready to bring your vision to life, this property offers flexibility, value, and potential in one of Citrus County's most active residential communities.
Builder-Friendly • Investor Opportunity • No HOA • Growing Market • New Construction Area
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Our Executive Mortgage Banker:
Our Insurance Division:
$26,000
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 | $20,800 | $20,800 | $20,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $125 | $131 | $171 |
| Total Monthly Payment | $200 | $206 | $246 |
* 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.