Great opportunity in the fast growing and developing City of Lake Wales, which is located in Polk County the fastest growing county in Florida. This listing is for two adjacent parcels (.14 acre each) totaling .28 of an acre are located in downtown Lake Wales. This parcel is zoned Commercial or Downtown Mixed-use district. This district is designed to encourage and facilitate a mix of residential uses and commercial activities in a compact, traditional downtown setting including retail shopfronts, offices, restaurants, hotels, apartments, and live/work units in street-oriented buildings that line walkable, pedestrian-oriented streets. Lake Wales is home to Bok Tower, Kissimmee State Park, Westgate River Ranch Resort and is near Winter Haven, home of Legoland.
31 & 35 Orange AVENUE W, Lake Wales, FL, 33853
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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