0 BOWMAN, SPRING HILL, FL, 34610 — photo 1
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0 BOWMAN, SPRING HILL, FL, 34610

$10,000,000

179.25 Acres

About This Property

180 acres MOL being sold with the intent of it being developed as subdivision with single family homes; a PDP with a CDD should cover the cost of water, sewer, infrastructure, etc. The property sits between Hernando County on the north side and goes down to Bowman Rd on the south side allowing access north to Brooksville/Spring Hill or South to Tampa!! The large majority of the property is not in a flood zone (Flood Zone X and a minor portion in A). A huge savings to the developer to not have to mitigate flood zones and not have to clear the property as the property is already cleared (being used for HAY now and is greebelted for low property taxes - this can me continued during the buyer's holding period to keep property taxes down if the buyer elects). Property is made of of 2 parcels (Bowman and Daniella Lane) Call for more details.

Status

Active

Listed By

HOME LAND REAL ESTATE INC

Days on Market

555

Mortgage Calculator

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Est. Monthly Payment

$56,915

30-yr fixed · 20% down · 6.875%

Principal & Interest$52,554
Property Tax (actual)$194
Est. Home Insurance~0.5% est.$4,167
Total / month$56,915
Loan amount$8,000,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 7e1dbfd31dd51cd1d5a3a181d37fed18

Location