Lumen Park Development - Offering is for 13.8+/- Acres, zoned CP within the city limits of Lady Lake and Lumen Park Property. Permitted for potentially up to a 3 story building. Uses include Independent Living, Assisted Living, Memory Care. Site is located across from Hammock Oaks, Kolter Homes' newest residential and multifamily development. It is planned for 735 active-adult single-family lots by Kolter Homes as well as commercial and retail. The location is minutes to Lake Sumter Landing, Spanish Springs and UF Health at The Villages. Just over an hour from Orlando make this an ideal investment / development opportunity . All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. .
1165 Hwy 466, Lady Lake, FL, 32159
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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