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About this home
0 Bowman Rd is a home Spring Hill. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$10,000,000
Time on market
799 days
Monthly payment
About $57,348/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,329 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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