This property consists of three lots, with the potential to subdivide one of them, creating a total of four lots. The site is already approved for duplex homes that can be sold separately, resulting in two residential units, each with its own tax ID and sharing a common firewall. Two units have already been constructed and sold. This is a fantastic opportunity for you to occupy one side while accommodating an in-law or generating rental income from the other. The third lot can also be developed into a larger single-family home or you could replicate the existing plans to build another duplex. Water and sewer services are readily available at the road, and the land has been cleared and is primed for development, complete with building plans.
5964 CENTRAL AVENUE, New Port Richey, FL, 34652
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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