Under contract-accepting backup offers. Great opportunity to develop one of the last large tracts of land by Oviedo on the Park. Previously approved and engineered for an approx. 100k medical office building and parking garage. Oviedo Downtown transition zoning allows a multiple amount of uses including multi family, townhomes, condos, mixed use. with bonus densities available for certain uses. Fill and Mitigation work has already been done to accommodate the planned office building and mitigation credits are available to expand the footprint. Be within walking distance of Oviedo On the Park and all that is included: Center Lake Park & Cultural Center, Restaurants, aquatics, pickleball, splash center, playgrounds, single family homes, state of the art apartments (all at capacity), townhomes, the New Food Factory, walking paths, concerts and many more desirable social/lifestyle components.
Oviedo BOULEVARD, Oviedo, FL, 32765
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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