12730 Bullfrog Creek ROAD, Gibsonton, FL, 33534 | $1,500,000

Under contract-accepting backup offers. 8 Acres currently zoned AR/AR - AGRICULTURAL RURAL 1 UNIT PER 5 ACRES with a future land use of SUBURBAN MIXED USED-6. Please see the attached possible land use rendering/plan showing 69 townhouses (48 Units allowed by Suburban mixed use 6 zoning 6x8 acres). Townhouses are generally 2 story 25x50 so 1, 250 SF each ~ Townhouses are alley loaded for parking ~ Parking is typically on pads but could be adjusted to show some garages ~ The Townhouse fronts face streets or parks ~ Located in Gibsonton/Riverview area with easy access to I-75, Hwy 301 and Hwy 41. The property has 3, 140 SF manufactured home and a man-made stocked pond. The community is booming with commercial building projects, currently the neighbors to the south are Site-planned for up to 5, 500 SF Office Building and a developer is building 28 Residential Town Homes. Also currently under construction is a new Advent Hospital 5 miles away and also in close proximity is St. Joseph's South Hospital on Big Bend. The possibilities are endless with this property.

Features

  • Lot Size: 306 x 1339
  • Lot Desc: In County, Wooded
  • MLS#: T3375153
  • Days on Market: 490 days
  • Website: https://www.raveis.com
    /prop/T3375153/12730bullfrogcreekroad_gibsonton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/17/2024 8:32:08 PM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 813-839-3800

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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12730 Bullfrog Creek ROAD, Gibsonton, FL, 33534

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,085 $7,883 $10,619
Total Monthly Payment $8,210 $8,008 $10,744

* 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.