This incredible property is located at Keene Road (Lot 6) in Altoona, FL, is listed for $350, 000 and offers a vast 7. 21-acre lakefront vacant land, ideal for building your dream home.
This land boasts stunning water views of North Twin Lake, with a lot size of 489x669. The property is in a flood zone code X, ensuring it's situated in a minimal-risk area for flooding.
With no current utilities, it offers a blank canvas for the development of a private, serene retreat, requiring a septic system for sewer and a private source for water. This land presents a unique opportunity for ownership within the scenic area of Altoona, FL, promising a peaceful and picturesque setting for a custom-built home??.
Flood Zone: Situated in minimal-risk area (Flood Zone Code X)
Utilities: Blank canvas for development; requires septic system for sewer and private water source
IMAGINE THE POTENTIAL…
Build Your Lakefront Paradise: Imagine waking up to serene water views in a home designed precisely to your specifications. This expansive 7. 21-acre lot offers unparalleled potential for creating a custom estate that blends luxury living with the natural beauty of Altoona, FL.
Invest in Your Future: With ample space for a sprawling residence, lush gardens, and private amenities, seize this opportunity to invest in a property that promises an exceptional lifestyle.
Act Now: Don't miss out on the chance to own this exquisite piece of lakefront property. Transform Keene Road (Lot 6) into your personal haven or a grand family estate. Contact us to explore the possibilities and begin your journey to lakeside living today.
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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 | $239,920 | $239,920 | $239,920 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,657 | $1,616 | $2,041 |
Total Monthly Payment | $1,732 | $1,691 | $2,116 |
* 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.