39 +/- ACRES FOR A PRIVATE ESTATE OR FAMILY COMPOUND WITH BUILT-IN INCOME GENERATED BY UTILITIES FOR NEIGHBORING SUBDIVISION. Find what you are looking for in the rural Ortona area of Glades County, Florida, located just west of Lake Okeechobee and just east of LaBelle, FL, which is 30 miles east of Fort Myers on Florida’s west coast and Gulf of Mexico. This tranquil property offers over 1100 +/- feet of river frontage and a 1992 custom frame 3/2 house, perfect for a guest house or to live in while you build your dream home. Enjoy peace and privacy, but with the caveat of this property providing the water and sewer utility for neighboring River Oaks subdivision, which averages a gross income of $50,000 per year less expenses which include long-term utilities supervisor.
1688 Williams Rd, Moore Haven, FL, 33471
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
