Under contract-accepting backup offers. This property is located by the new Hospital at Wilder and Park Rd. There is a lot of new development in this area made up of current single family home developments as well as future commercial restaurants and commercial developments are planned and will be there soon. This property will be the perfect location to change the current zoning to allow commercial development on this 2. 3 acre parcel. See attachment from the County that shows the future zoning code allowance for this property. This property is connected to 3003 N WILDER RD PLANT CITY, FL 33563-2697, which has an additional 2. 76 acres for sale, see listing (T3464083) for details, or County property appraiser, Folio: 089871-0200; The current zoning of the property is AS-1 zoning. This zoning district allows for agricultural uses and one single-family conventional or mobile home per lot of one acre or larger. The current zoning does not allow for the proposed commercial uses.
The future land use designation, which governs what the property could potentially be rezoned to, is Residential-1. It is a part of the attachments, I have included an explanation of that designation from the Comprehensive Plan. This designation allows for the potential rezoning to a zoning district that would allow for commercial or office uses, subject to locational criteria.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,971 | $1,997 | $2,544 |
Total Monthly Payment | $2,046 | $2,072 | $2,619 |
* 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.