Do not miss out on this 0.43-acre high and dry lot in the growing city of Interlachen. The property includes a septic and well, though their location and functionality are unknown. With power lines already in place, accessing electricity is convenient. Situated within minutes of schools, restaurants, diners, and parks, this lot offers an easy commute to Gainesville or Palatka and is less than an hour from the beach. Investing in land in Florida is a prudent decision for future, whether you plan to build your dream home, a vacation getaway, a rental property, or simply allow the land to appreciate as a valuable long-term asset to resell at a profit in the future.
611 Michael Avenue, Interlachen, FL, 32148
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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