Large Price adjustment on this investment parcel. This 1. 62+/- acre out parcel with direct access from US Highway 301 is zoned City of Dade City CG general Commercial. Zoning allows for Self Storage and other commercial uses. Located across from Publix close to Winn Dixie, Burger King, Jeep Dealer. This area is experiencing HUGE growth. There is approximately 2, 200 new residences recently built or under construction or in planning stages within close walking distance to this site. 100 unit Single Family project is being rezoned adjacent to this site. Sewer and water are close to the site. There is also an application being made for a direct access full median cut in front of property (to be shared with the planned residential project) This property is being separated from a larger tract. This is great time to invest in land. Best price and value in the US Highway 301 Dade City corridor.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,200 | $223,200 | $223,200 |
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 | $1,485 | $1,483 | $1,914 |
Total Monthly Payment | $1,560 | $1,558 | $1,989 |
* 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.