Prime investment opportunity with this 7.42-acre property situated on the East side of the highly trafficked US-19/S Suncoast Blvd in Homosassa. This parcel features over 661 feet of frontage on S Suncoast Blvd and an income producing billboard, in an area of dynamic growth, just south of the W Cardinal St and S Suncoast Blvd intersection, which is home to popular retailers including Walmart, Circle K, and 7-11. Currently zoned MDR (Medium Density Residential), this site allows for a range of commercial and residential uses, with a residential density up to 8 units per acre and a variety of retail, hospitality/service, medical, office, and other neighborhood commercial uses permitted. This property is in an excellent location, just 3.5± miles from the newly completed Suncoast Parkway extension which extends SR 589 from Tampa to Citrus County and is a direct route to Tampa International Airport.
7047 S Suncoast BOULEVARD, Homosassa, FL, 34446
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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