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1. 24± Acre Riverview Homesite & Investment Opportunity
Exceptional opportunity to acquire a 1. 24± acre parcel in one of Riverview’s most desirable growth corridors. Ideally situated just off US-301 and only minutes from I-75, this property offers convenient access to shopping, dining, healthcare facilities, schools, major employment centers, and the greater Tampa Bay area.
The property is improved with an older mobile home that is not considered habitable and contributes little to no value, as the value of this offering is in the land itself and its future potential. Encompassing 1. 24± acres, the parcel is a rare offering in a rapidly developing area where larger tracts are becoming increasingly scarce. Zoned AS-1 (Agricultural Single Family Conventional) and located in Flood Zone X according to available public records, the property offers flexibility for a variety of residential uses, subject to county regulations and approvals. An existing septic system is on site, and the property was previously connected to public water, though buyers should independently verify the current status and availability of all utilities. Surrounded by established residential communities and ongoing growth, the property presents a unique opportunity for a custom homesite, long-term investment, or future development potential.
Properties offering this combination of acreage, favorable zoning, accessibility, and future potential are becoming increasingly difficult to find in Riverview. Whether you're looking to build, invest, or secure land in a high-demand area, this parcel presents an outstanding opportunity in one of Riverview's most active and expanding markets.
**Buyer responsible for conducting all due diligence regarding zoning, land use, development potential, impact fees, utility availability, environmental conditions, permitting requirements, and any necessary removal of existing improvements. **
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,000
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 | $231,200 | $231,200 | $231,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,385 | $1,442 | $1,904 |
| Total Monthly Payment | $1,460 | $1,517 | $1,979 |
* 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.