1101 N Munich TERRACE, Lecanto, FL, 34461 | $98,900

Looking for THEE property to build your dream home in the Heart of Lecanto? This 2. 5-acre MOL
wooded lot offers so many possibilities. Bring your RV, Boat, and all your toys to this non-HOA
neighborhood. There are covenants in place to cover the road maintenance. Nearby amenities for your
convenience include groceries stores, restaurants, car wash, auto repair shops, and much more coming
soon! A few minutes away from shopping, pharmacies, hospitals, banks, and a short drive away from
Florida’s Nature Coast where you can dock your boat at a number of quality marinas, cast off, and float
around the beautiful Crystal River Paradise! Not far from there, the Suncoast 589 Pkwy will give you
easy access to the greater Tampa Bay Area airports nearly 1. 5 hours away or head out thru Inverness to
take the Florida Turnpike on your way to Orlando for a trip to all the popular theme parks! Properties
like this don’t come around very often, so act today as this will not last long. There is a covenant in place for the road maintenance. $140. 00 a year. HOA for private road maintenance only!

Features

  • Lot Size: 331.95 x 296.91 x 331.95 x 296
  • HOA Fee: $140 Annually
  • Pet Policy: Yes
  • MLS#: W7865175
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/W7865175/1101nmunichterrace_lecanto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 6:43:51 AM)
Listing courtesy of SOUTHLAND PROPERTIES GROUP II   Phone: 352-600-8543

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1101 N Munich TERRACE, Lecanto, FL, 34461

$98,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $79,120 $79,120 $79,120
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $481 $481 $625
Total Monthly Payment $556 $556 $700

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.