16.8 acres on a major commercial corridor of State Rd 19 with over 1,700 ft. of road frontage and an average annual daily traffic count of 17,400. The zoning confirmation letter allows for residential, nursing/personal care, schools, professional offices, hospitals, light industrial, animal services and utilities (Full List is on file). Property is level with an abundance of potential for someone wanting maximum exposure on busy SR 19. There is a lake towards the southern end of the property. Property has access from the southbound lane as well which is currently being used as a U-turn. There is a three bedroom home currently on site with full solar but the value is in the property/land. The 3 acres down by the water are currently considered wetlands by the county.
1539 N Highway 19, Eustis, FL, 32726
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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