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Looking for a magical property? This lot on the scenic corner of Merlin Circle and Round Table Road in the Camelot neighborhood is just waiting for you to build your dream. Bordering the Withlacoochee River, this beautiful 0. 44-acre residential lot in Ridge Manor Florida offers the perfect blend of nature, outdoor sports, and convenience. Discover the perfect canvas for your dream home on this newly cleared lot, thoughtfully preserved to highlight the beauty of mature oak trees. This serene property offers a rare blend of open space and natural shade, creating an ideal setting for a custom build or modular home. With the hard work already done, you’ll enjoy a clean, ready-to-develop homesite nestled among oaks and the river providing both character and comfort. The property sits high and dry in Zone X with the west side of the lot fully cleared, high, and level, making it ready for your custom home. There is one low lying area in the SE corner zoned A for an occasional pond surrounded with mature oak trees. The NE corner offers serene views of the Withlacoochee River approx 15ft down—providing peaceful scenery without river access. Set off a paved road with a picturesque drive in, the lot is ideally situated less than 5 miles from I-75 and US-98/Hwy 50/Cortez Blvd, offering easy access to Tampa and surrounding areas. Outdoor enthusiasts will love the proximity to the Withlacoochee State Trail only 3 miles away, and close to Croom Motorcycle Area, Withlacoochee State Forest, Cypress Lake Preserve, Silver Lake Recreation Area, and Dade Battlefield Historic State Park, even Weeki Wachee Springs and the Gulf are a short 30mile drive away. With all your basic amenities nearby, this is the ideal location for those seeking a quiet, nature-inspired lifestyle with modern convenience, and outdoor sports close at hand. Don't miss the opportunity to build your future in a setting as timeless and magical as the trees that stand upon it.
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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 | $32,000 | $32,000 | $32,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $205 | $213 | $270 |
Total Monthly Payment | $280 | $288 | $345 |
* 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.