1.32-Acre Multifamily Development opportunity in the Winter Park area! This land is surrounded by apartment complexes and businesses. There is currently a livable residence on this property, which can be leased during the planning and permitting phases of new construction. According to current information from orange county Zoning, The new "Orange Code" zoning for this property will be T5.2 which the lot can also be used for multi-dwelling residential, commercial, industrial, lodging, Educational institutions and more, It is expected to be implemented in Winter Park, Orlando sometime in Spring 2025
3606 N Goldenrod ROAD, Winter Park, FL, 32792
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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