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BUILD YOUR DREAM HOME at 5113 Avery Rd, New Port Richey in the SUNNY state of Florida. On this wonderful CORNER LOT with nearly 7, 800 sqft & NO HOA within the City of New Port Richey in Pasco County, you can design your SPLENDID OASIS. The dimensions of this RIGHT TRIANGULAR LOT are approximately 138' road frontage, 178' waterfront frontage & 113' along the side perimeter. [Who remembers the Pythagorean Theorem of a^2 + b^2 = c^2 as the dimensions of this land illustrate this theorem?] The property is already CLEARED & READY TO BUILD. HUGE BONUS: Because there was once a residential house on this property (demolition permit is dated 1/2024), there may already be impact fees credited for rebuilding with the City of New Port Richey. There is a power pole nearby so this will make electric connection a breeze. Public water is available too. The sellers have prepped this WONDERFUL piece of property for building by obtaining a recent SURVEY, cleaning up the yard by removing some trees & installing a NICE new mailbox. The SERENE WATERFRONT PROPERTY is peaceful to ENJOY with turtles, birds, fish & crabs calling 5113 Avery Rd their home. There is a concrete seawall on part of the property. Your future house will face south so you can enjoy the setting sun painting the sky in VIBRANT COLORS every evening. Hop on your GOLF CART & CRUISE to downtown New Port Richey featuring FANTASTIC restaurants, taverns, festivals, shopping & professional offices. Sims Park is PHENOMENAL for everyone with a playground, splash pad, walking paths along the river & an outdoor amphitheater. The public boat launch is just a few short minutes away where you can take your boat directly to the Gulf of Mexico or enjoy kayaking down the river. Robert K. Rees Beach Park is about 3. 5 miles away! The City of New Port Richey is BUSTLING & THRIVING! Location is IDEAL near schools, beaches, medical plazas, shopping centers, restaurants, places of worship, airport & tourist attractions. MAKE THIS YOUR FUTURE HOME!
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Our Executive Mortgage Banker:
Our Insurance Division:
$95,000
William Raveis Real Estate
Phone: 888.699.8876
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $76,000 | $76,000 | $76,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $474 | $499 | $636 |
Total Monthly Payment | $549 | $574 | $711 |
* 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.