Us 301 Cr 673, Bushnell, FL, 33513 | $11,900,000
Central FL permitted RV park development opportunity. Property consists of approx. 128 acres and is engineered and entitled as a 385 lot RV park. The owner recently entered into a Developer’s Agreement with the City of Bushnell which contemplates the successful reservation of both water and sewer capacity and the Southwest Florida Water Management District has issued an Environmental Resource Permit. Significant off-site improvements completed by the Owner include—transportation improvements along CR 673, construction of water and sewer lines from property to City of Bushnell system (in excess of $3 million), and installation of the designed lift station. The property is located at the intersection of CR 673 and US 301 in Sumter County, FL. The Interstate 75 and CR 673 interchange is located approx. 4 miles west of the property. The development can accommodate both conventional RV’s or Park Models. Sumter County is home to The Villages and is one of the fastest growing MSA’s in the country. Recent Villages acquisitions suggest significant expansion which are in close proximity to the property.
Features
- Lot Size: irregular
- MLS#: G5080158
- Days on Market: 97 days
- Website: https://www.raveis.com
/prop/G5080158/us301cr673_bushnell_fl?source=qrflyer
Listing courtesy of CENTURY 21 PRIME PROPERTY RESOURCES INC Phone: 352-793-6911
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Us 301 Cr 673, Bushnell, FL, 33513
$11,900,000
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 | $9,520,000 | $9,520,000 | $9,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $61,747 | $58,616 | $84,243 |
| Total Monthly Payment | $61,872 | $58,741 | $84,368 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388