11011 Bourassa BOULEVARD, Weeki Wachee, FL, 34613 | $2,700,000

INCREDIBLE OPPORTUNITY for a developer to purchase 9. 1 acres in the middle of the Lake Hideaway Lagoon Development that is going in with 3700 homes and the country's largest man-made lagoon pool in Hernando County east of US 19 and north of State Road 50 (Cortez). It's approved and land site work is currently being done for 2400 single family detached homes, 644 attached townhouses, 656 senior adult attached housing, a new charter school, community recreation, and for new supportive commercial and office spaces. This 9. 1 acre property should be able to be rezoned for high-density residential based on the approval of the surrounding property. Potential for apartments or townhomes. Public sewer and water will be available nearby with the Hidden Lagoon development going in now. The excitement for the coming Hidden Lagoon Community is HIGH, so call for more details! ***Capitalize on this extremely unique opportunity!*** The area offers so much and is a fast growing area!! Only 10 minutes to the Suncoast Parkway/Veteran's Expressway for easy and fast access to Tampa! Straight drive to Tampa International Airport which is only 45 minutes!! 10 minutes to the beach and sunsets and Pine Island! 5 minutes to kayaking, paddle-boarding, swimming in the the crystal clear Weeki Wachee Spring and River with the manatees or enjoy the Weeki Wachee State Park on the main spring head with Buccaneer Bay Water Park with tubing, slides, splash park, boat rides, and the world-famous Live Mermaid Shows! 10 minutes to Hernando Beach Coastal Community for boating, fishing, swimming, water sports, jet-skiing, hanging out on your boat at the flats with other boaters, beach bars and restaurants!! A short boat ride from Hernando Beach takes your to Anclote Island for an amazing day at the white sand and glowing clear waters of the island! Travel North from this site 10-20 minutes and enjoy Homosassa River and Crystal River swimming the clear springs with the manatees and eating at the restaurants/bars on the river. . . pull your boat right up to the tiki bars!! Quaint historic towns in every direction from Brooksville, Inverness, Crystal River, Dade City and more. . . enjoy the old town squares with coffee shoppes, antique and decor shoppes, festivals, craft and art shows, music concerts and so much more! The area offers so much and yet is so close to Tampa! Just over 1 hour to TOP US BEACHES!! Call today for more details!

Features

  • Lot Size: 630 x 630
  • Lot Desc: Buildable, In County
  • Elem. School: Winding Waters K8
  • Middle School: Winding Waters K-8
  • High School: Weeki Wachee High School
  • MLS#: W7868031
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/W7868031/11011bourassaboulevard_weekiwachee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/23/2024 10:24:02 AM)
Listing courtesy of HOME LAND REAL ESTATE INC   Phone: 352-556-0909

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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11011 Bourassa BOULEVARD, Weeki Wachee, FL, 34613

$2,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $2,160,000 $2,160,000 $2,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,124 $13,124 $18,227
Total Monthly Payment $13,249 $13,249 $18,352

* 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.