Rural living, your way! This beautifully wooded lot consists of 2 parcels (addressed at 9524 and 9544 Ellis St) totaling 5. 75 acres at the end of an unpaved, no-through street. The options and potential are endless, limited only by your vision. You could keep and transform the existing buildings and outbuildings into income-generating properties. Or, you could clear out everything and start from scratch, designing your country retreat from the ground up. You could even create that multi-generational homestead you’ve always dreamed of, but seemed just out of reach. And the whole process will be a lot easier with two wells, two septic systems, and three power poles already on the property. There are no HOA fees or restrictions to worry about in Moon Lake Estates. Moon Lake Park is a little over 2 miles away; there, you can enjoy a day of picnicking, swimming, or paddling on the lake. Although the setting is remote, modern amenities are completely accessible via nearby Ridge Road or the Suncoast Parkway. Avid outdoor enthusiasts can enjoy camping, hiking, biking, and more at Jay B. Starkey Wilderness Park. The Gulf Coast is only about 30 minutes to the west, and downtown Tampa is less than an hour to the south. This acreage is a blank canvas awaiting your brilliance - see it today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$285,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,515 | $1,955 |
Total Monthly Payment | $1,592 | $1,590 | $2,030 |
* 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.