Discover an exceptional opportunity with this expansive lot boasting an impressive 635+ feet of frontage along W Cardinal Street, strategically positioned within the Economic Development Target Area (EDTA) of the Cardinal Interchange Management zone. This property is 8. 57 acres, high and dry, with convenient access via S Georgian Rd, directly off W Cardinal Street. Situated just one lot away, on the NE corner of exit #60 from the Suncoast Parkway, a 55-mile-long expressway stretching from Tampa's Veterans Expressway to SR 44 in Citrus County. This location is primed for significant growth. The EDTA places a special focus on fostering job creation, supporting light industrial activities, manufacturing, restaurants, and transportation-related land uses. Water and Sewer scheduled to come through. Seize this prime real estate opportunity now, positioned at the intersection of the Suncoast Parkway within Citrus County. Act swiftly to secure this property before it experiences a surge in both PRICE and VALUE!
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,738 | $4,800 | $6,446 |
Total Monthly Payment | $4,830 | $4,892 | $6,538 |
* 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.