Owner Financing - Offering is for an Investment - Potential Development site consisting of 47+/- total acres with a 10+/- acre spring fed lake just on the boundaries of the City of Mt Dora. Ideal opportunity for division into estate lots, residential subdivision, or family estate compound. Site can potentially be annexed into the City of Mt Dora, FLU is rural transitional. This beautiful property is 3+/- miles from the iconic and historic downtown Mt Dora as well as 3+/- miles from the Wolf Branch Innovation District at the beltway access. Site is an easy drive to Orlando in Central Florida with an additional 57.14+/- acres next to the site ( Alt Key #3846881 ) that is also available. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
000 Britt Rd & Future Farm ROAD, Mount Dora, FL, 32757
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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