LOCATION-LOCATION-LOCATION!! Ready to Buy Land in Area Experiencing AMAZING GROWTH?? Superb Vacant Land Site on Ronald Reagan Parkway AKA Poinciana Parkway that is a BUSY major thoroughfare in the heart of Davenport. This lot literally located right in front of NEW Residential Development by KB Home called Tivoli Reserve!! Perfect spot for DAYCARE CENTER or ASSISTED LIVING FACILITY (ALF) as close to several properties. Gated golf community of Providence by ABD Development right around the corner. HIGH TRAFFIC AREA!! Great location close to new Publix Plaza, restaurants, schools and shopping. Not to mention ALL the theme parks in area such as Disney, Universal, Sea World and Lego Land. Lot sits on 3. 58 Acres with 1. 6 buildable. Irregular Lot. New apartments coming directly to West side of lot in near future. Cable, Electric, Public Sewer and Water AVAILABLE. Lots of options and potential. Take a drive by today and call, email or text any questions regarding this MONEY MAKING opportunity!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $399,720 | $399,720 | $399,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,659 | $2,657 | $3,427 |
Total Monthly Payment | $2,734 | $2,732 | $3,502 |
* 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.