price adjustment under 30k per door. Unlock Your Investment Potential in Central Florida. When opportunity knocks, open the door, all 30 of them. Prime Multi-Family Development opportunity available. Owner financing terms also available.
Discover a rare and exciting chance to acquire 2. 10 acres of multi-family, residential property, with entitlements in place, in the rapidly growing town of Bushnell, close to The Villages.
Key Highlights:
* Prime Zoning: Zoned RMF-15, this property is ready for your multi-family vision, offering the necessary land use in place—an invaluable asset for ease and speed of development.
* Essential Utilities: Benefit from direct access to city water and city sewer, already at the property frontage, ensuring the infrastructure is in place for immediate construction.
* Strategic Location: Conveniently located within the city limits of Bushnell, with easy access to I-75 and the Florida Turnpike, facilitating connectivity for future residents.
* High Demand Area: This region is experiencing rapid growth, making it an ideal location for new housing developments. Sumter County is the fastest growing county in Florida thanks to The Villages retirement community. Currently 61% of the workforce for Sumter County commute into the area because of a lack of housing opportunities.
* Expansion Potential: There is also the opportunity for a second phase, allowing for even greater investment returns as the area develops further.
* Flexible Terms: Owner financing options available—tailor your purchase to fit your financial strategy.
* Call for Details: For specifics on zoning descriptions, site plan details, and requirements, please contact us. Property lines on pictures are approximate; buyers are encouraged to verify all measurements.
Why Invest Now?
With no other properties on the market, in this area, with these key highlights this is a rare opportunity to capitalize on the booming Central Florida real estate market now. Don’t let this chance pass you by—open the door to your future today!
Contact us now for more information and to schedule a viewing!
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Our Executive Mortgage Banker:
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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 | $712,000 | $712,000 | $712,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,559 | $4,618 | $6,251 |
Total Monthly Payment | $4,651 | $4,710 | $6,343 |
* 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.