E C-478 -Unassigned Address, Webster, FL, 33597 | $2,485,000

Prime Development Land in Sumter County!

The secret’s out—Sumter County is on the brink of a transformation, and this 71+- parcel is at the heart of it all. Florida's demand for housing is at high demand and Central Florida is continuing to grow. What once felt rural is now a developer's dream, offering the perfect mix of convenience and opportunity. Improved pasture land, two ponds, 1) is Spring Fed and stocked with Bass. 2) This pond could be used as a retention area.

Imagine a property that places you within an hour’s commute of Tampa or Orlando, with The Villages just 25 minutes away. The surrounding areas—Groveland, Mascotte, Ridge Manor/Webster, Dade City—are all booming, sending waves of expansion right to this very spot. Situated along C-478 (paved road) and adjacent to an upscale RV park (east boundary) and a newly constructed RV park to the west. Convenience meets serenity here. The property is also situated within the City of Center Hill's Joint Planning Area (JPA) and may be available for annexation. Additionally, Developers are encouraged to explore the potential for annexation to the City Of Webster utilities.

Imagine. . . a quaint ranch-style home community or rustic barndominiums providing simplicity and charm of rural living and a sense of peaceful seclusion. The possibilities here are endless.

This is more than just land; it’s a chance to be part of Sumter County’s exciting next chapter. Don’t miss the opportunity to bring your vision to life on this spectacular piece of Florida

Features

  • Lot Size: IRREGULAR
  • Lot Desc: Farm
  • MLS#: O6206973
  • Days on Market: 178 days
  • Website: https://www.raveis.com
    /prop/O6206973/ec478unassignedaddress_webster_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 11/24/2024 5:07:59 PM)
Listing courtesy of MARKET CONNECT REALTY LLC   Phone: 407-250-4708

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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E C-478 -Unassigned Address, Webster, FL, 33597

$2,485,000

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 $1,988,000 $1,988,000 $1,988,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,729 $12,729 $17,455
Total Monthly Payment $12,854 $12,854 $17,580

* 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.