Almost 65 acres of absolute potential. . . 64. 96 to be exact. 3 parcels all currently zoned Rural Residential, all already annexed into the City limits of Bushnell. Possible residential development opportunities might include but are not limited to Residential PUD, Community Mixed PUD, Neighborhood Mixed PUD, RMF-15 Multiple Family High Density Residential and RSF-10 Single Family High Density Residential. Approximately 1150 linear feet on West CR 476, a main thoroughfare on the west side of Bushnell. Adjacent to Kenny Dixon Sports Complex on the east side of the property with paved road access from Noble Ave. Spotted with beautiful century-old grandfather oaks and gorgeous canopies there are natural wetlands on-site that would make magnificent retention ponds and wildlife areas. This property could be developed for a high-end luxury Ranchette community looking to preserve the natural landscape and provide future land owners with larger tracks and custom homes or maybe townhomes or condos to leave as much vacant land as possible but still achieve the density you are looking for. Possibilities are endless and the timing is perfect. The City of Bushnell is experiencing incredible growth with the development of The Villages and everything that community has to offer. The demand for housing is already here across many different price points. Bushnell also enjoys everything being in the heart of Florida has to offer. 54 miles to Tampa. 38 miles to Disney World and the Orlando area. 14 miles to Brownwood square. Seller will assist in the rezoning application process. Bushnell city services are available. Property tour available by appointment only. Huge Development home project going on a few miles away. Call today.
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William Raveis Mortgage, LLC
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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 | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.786% | 6.888% | 6.976% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,516 | $8,302 | $11,327 |
Total Monthly Payment | $8,641 | $8,427 | $11,452 |
* 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.