Located in Brooksville with city water and sewer access, this 9. 40-acre property was rezoned from R-1C to PDP-RV (Planned Development Project-Recreational Vehicle). Situated on East Jefferson Street's south side and immediately west of Emerson Road, the parcel was annexed into the city in January 2021. It has a Comprehensive Plan Future Land Use designation of 'South Brooksville Planned Development District, ' allowing for a non-residential Floor Area Ratio (FAR) of 0. 30.
The PDP-RV zoning permits the development of a recreational vehicle park featuring 53 RV lots, 1, 500 sq. ft. of commercial space, a 1, 500 sq. ft. manager's apartment, a 2, 000 sq. ft. community center, a swimming pool, and ball courts.
Currently, the property includes an 1, 803 sq. ft. single-family home built in 1958 and two 748 sq. ft. duplexes constructed in 1963.
The Rose Rush RV Park is a prime investment opportunity, fully entitled and platted. It comes with an existing income stream of $2, 800 per month from month-to-month leases on the single-family residence and duplexes. Please refer to the Stellar MLS listing for a brochure and relevant documents.
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
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 | $6,914 | $6,740 | $9,196 |
Total Monthly Payment | $7,039 | $6,865 | $9,321 |
* 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.