VILLA "ADELLE" WOULD BE A UNIQUE, affordable family compound just a few short blocks from downtown DeLand, just off New York Ave. This is for Land Only! This property is huge and enables multiple generations to live together while saving money, pooling resources, and helping take care of each other. The primary residence is a 3 bed, 2 bath home with a breezeway porch between the main house and the primary bedroom, perfect for family. dinners. The detached Mother0in-Law suite is nestled in the back of the property and boasts a wraparound patio that overlooks the yard, farm/botanical garden. Altogether the property has 4 bedrooms and 3 baths. Site plans and development approvals are in process.
125 S Adelle AVENUE, Deland, FL, 32720
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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