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Presented by
Brian Valentine |
Exceptional opportunity to own 5. 6 AG-zoned acres with approximately 422 feet of frontage on highly traveled Cortez Boulevard (State Road 50), one of Brooksville's fastest-growing commercial corridors. Surrounded by established commercial businesses and continued residential growth, this property offers outstanding visibility, accessibility, and long-term investment potential. Currently zoned Agricultural, the property provides a wide range of permitted agricultural uses while offering potential for future commercial or mixed-use possibilities, subject to county approval and applicable zoning requirements. Whether you're looking to establish an agricultural business, develop a nursery or farm stand, or secure land in the path of growth, this property presents a rare opportunity. The property includes an existing new mobile home (2024), providing immediate utility while you plan for the future. *See cross-referenced property, MLS #W7887062 for more information. Note *There may be additional value with the MH off-setting impact fees. With its exceptional highway frontage, strategic location, and surrounding commercial development, this is one of the few parcels along State Road 50 offering this combination of size, visibility, and flexibility. Conveniently located near Deep South Barbecue and just minutes from Brooksville's expanding retail, residential, and commercial developments, this property is ideally positioned for today's needs and tomorrow's possibilities. Don't miss this rare chance to invest in one of Hernando County's most desirable growth corridors.
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William Raveis Real Estate
Phone: 203.559.5695
Brian.Valentine@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,391 | $2,521 | $3,315 |
| Total Monthly Payment | $2,466 | $2,596 | $3,390 |
* 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.