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INVESTOR, ENTREPRENEUR, SPORTSMAN or DEVELOPER ALERT! Incredible and rare opportunity to acquire a bulk package of ten islands making up 547 acres on the Nature Coast in Inverness, Citrus County, Florida located in the Tsala Apopka Chain of Lakes. Of the 547 acres, 417 are swamp, lake bottom or submerged. 130 are land. This expansive portfolio offers exceptional flexibility for a private estate, long-term land hold, or sequential residential build-out. Parcels are primarily wooded, providing a gorgeous natural canopy and pristine blank slate for lifestyle and residential construction. Perfect for camping, hunting and largemouth bass fishing.
This is access point to the 1st and main island. The land access point, across a small causeway bridge over the water (pictured), to an island of approximate 20 acres. This island is off of paved N Toro Drive. It has been divided into parcels just over 5 acres. Survey available. A 2nd island of approximately 54 acres may be accessed over a second small causeway bridge at end of N Toro Drive. The 8 other islands must be accessed by airboat.
This island is positioned behind a quiet residential pocket of Inverness. Street address is a short drive away from the scenic Withlacoochee State Forest and downtown Inverness.
Properties are being sold as a complete package. This portfolio spans ten islands and wetlands. Buyer is responsible for performing all due diligence including verification of zoning, utility connections (Electricity is nearby), and septic system and well permitting requirements with Citrus County. Do not miss this foundational real estate package!
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:
$1,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $800,000 | $800,000 | $800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $4,669 | $4,796 | $6,751 |
| Total Monthly Payment | $4,761 | $4,796 | $6,751 |
* 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.