A family legacy now presents a rare opportunity to own 18. 20 acres of prime land in the highly desirable area of Lutz, Florida. Zoned ASC-1 with future land use R4 (potential to build four homes per buildable acre) and light commercial potential, this property is ideal for developers aiming to build an exclusive residential enclave in the sought-after Curry Cove neighborhood or for families looking to create a multi-generational compound. Each parcel currently includes a charming mid-century modern home. The main property features a private gated entry, and there is also a deeded easement for access from Livingston Ave. The first home, located at 1810 Curry Rd, boasts 2, 051 sq ft, with three spacious bedrooms, three baths, panoramic pond views, and a detached garage offering ample storage space. The second house, at 16402 Livingston Ave, is 1, 200 sq ft and includes two bedrooms and two baths. Both homes are ready for remodeling or rebuilding to create your custom home. If you wish to preserve the existing homes, they provide a solid foundation to build upon. Centrally located in a high-traffic area near I-275, Livingston Ave, Bearss Ave, and Bruce B. Downs Blvd. , this property is also close to Temple Terrace, USF, the Museum of Science and Industry, and the Veteran’s Hospital. This versatile development opportunity offers limitless possibilities in a rapidly growing region. Don’t miss out on this rare opportunity to secure a piece of premier Lutz real estate—reach out today to schedule your private tour!
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$1,499,999
William Raveis Real Estate
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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 | $1,199,999 | $1,199,999 | $1,199,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $172 | $172 | $172 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,783 | $10,453 |
Total Monthly Payment | $7,981 | $8,080 | $10,750 |
* 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.