Offering is for 165+/- Acres with excellent development potential in the beautiful town of Howey in Hills off Silverwood Lane. The site is surrounded by 600+ acres of potential development that includes the adjoining 243 acre “Mission Rise” which is approved for 415 homes and is a quick drive from Orlando in Central Florida surrounded by shimmering lakes, rolling hills and the sweet smell of Florida Orange Groves. The location is just minutes from Florida's Turnpike and The Villages (#1 selling master planned community in the US and a population of over 150,000 residents and still growing) as well as world class golfing and fishing on the Harris Chain of Lakes and award-winning Montverde Academy an exclusive private college preparatory school. Offering is an assemblage of two Lake County Properties Alt Key #'s 3792712 & 3861057. This is a great addition to any development portfolio. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
0000 Silverwood LANE, Howey In The Hills, FL, 34737
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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