Welcome to Paddock St. , situated in the sought-after Wedgefield community at the heart of Orlando. Spanning just over 2 acres, this vacant lot is a prime canvas for building your dream home. Centrally located, Paddock St. is right across from Wedgefield Elementary and Middle School. Wedgefield is renowned for its top-rated schools, making it an ideal setting for families seeking educational excellence. This location also provides easy access to major roads such as SR 520, 528, and 50/Colonial Dr. , ensuring convenient connectivity to shopping, dining, beaches, and entertainment hubs. Residents can also enjoy leisure activities at the nearby Wedgefield Country Club or immerse themselves in the natural beauty of Hal Scott Regional Park & Preserve. Whether you're drawn to the lively energy of Orlando, the charm of downtown, or the enchantment of nearby parks and attractions, Wedgfield offers proximity to them all. Seize this extraordinary opportunity to create your perfect home. Go see this one today and start the journey to making Wedgefield your dream residence!
Additionally, this property consists of two parcels being sold as one, totaling 2. 17 acres. Both parcel numbers are provided along with their respective legal descriptions:
Parcel 1 (13-23-32-7600-00-774): ROCKET CITY UNIT 2A Z/82 A/K/A CAPE ORLANDO ESTATES UNIT 2A 1855/292 THE W 75 FT OF TR 77
Parcel 2 (13-23-32-7600-00-773): ROCKET CITY UNIT 2A Z/82 A/K/A CAPE ORLANDO ESTATES UNIT 2A 1855/292 THE E 75 FT OF W 150 FT OF TR 77
For detailed information regarding the wetland survey, please refer to the attachments.
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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 | $152,000 | $152,000 | $152,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,024 | $1,010 | $1,282 |
Total Monthly Payment | $1,099 | $1,085 | $1,357 |
* 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.