Rare opportunity to purchase over 5 acres of cleared, buildable land located approximately a mile from the Gulf of Mexico and less than 15 minutes from the public boat launch. Current zoning would allow 4.6 homes per acre (R-2), and future land use (FLU) would allow 5.8 homes per acre (change to R-3). Parcel has potential to be divided and even rezoned. A boundary survey, and a survey with potential lot split, are available. On property today is a mobile home leased month-to-month and a large 5,000 square foot steel barn with an 8" concrete foundation, high ceilings, and massive doors on either end. Imagine the possibilities - build one or more homes, a community, store watercraft or vehicles, enjoy the space as a workshop... make your request to see this property today!
18230 Aripeka ROAD, Out of Area, FL, 34679
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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