7 acres on Hwy 441/27 corner of Shadow Hill Drive in the city of Fruitland Park. Corner location, high traffic count, city utilities and great road frontage Zoned C-2, General Commercial. 350 Feet of frontage on the highway. Corridor to The Villages. The Villages is one of the largest retirement communities in Florida. All combined The Villages cover more than 80 square miles, which is equivalent to more than 51,200 acres. Amazingly, The Villages is still growing, and is one of the fastest growing cities in Florida. The Villages community is so large that it includes multiple zip codes and is located in three separate county jurisdictions: Lake County, Sumter County and Marion County. Owner financing with very attractive terms, up to 30 year amortization. Additional 8.5 acres available for $900,000. The entire property is fenced and a 10' well.
2165 Us Highway 441/27, Fruitland Park, FL, 34731
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.
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