A Gorgeous 8. 87 Acre Lakefront Parcel Zoned Mixed Use in the City of Water Haven. Welcome to 2000 Dundee Rd, a truly remarkable opportunity nestled on the shores of Lake Mariam with a daily traffic count of 15, 200 AADT. This nearly 9 acre expansive parcel offers a versatile mixed-use zoning, allowing for both residential and low intensity commercial possibilities. With its prime location at the intersection of Dundee Rd and Buckeye Loop Rd, in the thriving city of Winter Haven, this property presents endless potential for those seeking to build their dream home, establish a new or existing business or build multi-family housing as an investment venture. The 500' of lake frontage makes the perfect backdrop for any endeavor and the lakefront is already equipped with a dock with a covered boat slip and a seawall. Capitalize on the high visibility and accessibility this location offers by developing a commercial business that caters to the growing demands of the Winter Haven community. This property is located immediately to the west of Cypress Lanes Bowling Center and to the east of Brandywyne Apartments & Lake Mariam Health & Rehab Center. Whether you envision a charming lakeside restaurant, an assisted living facility/nursing home, a professional office building, a lakefront bed and breakfast, retail shopping, a dormitory, multi-family residential buildings and more, this property is ready to bring your entrepreneurial dreams to life with the Neighborhood Activity Center future land use code. Zoning allows for maximum residential density up to 15 units per acre with a maximum of 3 floors up to 42 feet. Electricity is present on the property and water/sewer are available at the road. Located within 10 minutes of Hwy 27, downtown Winter Haven, Legoland FL, shopping, restaurants and medical facilities. Centrally located between Tampa, Orlando and east and west coast beaches! Call today to schedule a tour!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,144 | $4,042 | $5,103 |
Total Monthly Payment | $4,236 | $4,134 | $5,195 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.