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Presented by
Barbara Fitzgerald |
Nw Corner Of Alderman Rd & N Belcher ROAD, Palm Harbor, FL, 34683 | $4,670,000
Prime CORNER LOT located on a hill at the northwest corner of Alderman Road and North Belcher Road in Palm Harbor, FL. Offering a rare opportunity for community-oriented development on 4. 67 ACRES of RURAL RESIDENTIAL (RR) LAND nestled in Palm Harbor, a vibrant area known for its robust social and economic activities. Positioned at a key intersection, this location ensures high visibility, with estimated traffic growth from 2022 counts of 35, 000 cars daily, enhancing its potential for high exposure. ELEVATED AND PROMINENT, the property boasts an elevation 20 feet above the surrounding intersection, offering a strategic advantage that is hard to find and enhancing its appeal for a development that seeks prominent visibility. COMMUNITY-FOCUSED DEVELOPMENT: Ideally suited for developments that enhance the local community, the serene and spacious setting is perfect for a variety of non-commercial uses that contribute positively to the community’s fabric. ZONING SPECIFICATIONS: The entire parcel is zoned Residential Agriculture (R-A), primarily supporting agricultural and limited residential development. Notably, residential development is restricted to (2) lots under normal conditions, potentially extending to (3) lots with a county-approved subdivision plan. OPPORTUNITIES FOR DEVELOPMENT: This plot is a superb location for establishing facilities that cater to community needs, such as meeting halls, community assembly facilities, educational institutions, or recreational facilities. Its ample space and strategic location make it ideal for a development that prioritizes accessibility and community enrichment. This property offers both the space and the potential to create a landmark development that could serve as a central hub for community engagement and personal growth. With its exceptional characteristics and versatile zoning, it stands as an outstanding choice for those seeking to develop a project that will benefit from both its prominence and potential.
Features
- Lot Size: 942 x 411
- MLS#: U8238677
- Days on Market: 44 days
- Website: https://www.raveis.com
/prop/U8238677/nwcornerofaldermanrdandnbelcherroad_palmharbor_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Barbara Fitzgerald
Barbara.Fitzgerald@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
John Carlos MachadoVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2064879
860.604.0905
JohnCarlos.Machado@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartInsurance Sales Director, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Nw Corner Of Alderman Rd & N Belcher ROAD, Palm Harbor, FL, 34683
$4,670,000
Barbara Fitzgerald
William Raveis Real Estate
Phone: 413.565.2111
Barbara.Fitzgerald@raveis.com
John Carlos Machado
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.604.0905
JohnCarlos.Machado@raveis.com
NMLS Mortgage Loan Originator ID 2064879
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,736,000 | $3,736,000 | $3,736,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $25,170 | $24,856 | $33,320 |
| Total Monthly Payment | $25,295 | $24,981 | $33,445 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388