55+ COMMUNITY. This piece of vacant land is waiting for you. All you need is a mobile home 24x40 to place on the lot. This community has access to Haynes Creek access to Lake Eustis AND Lake Griffin (access to Harris Chain of Lakes!). Community Amenities: Clubhouse serves as the hub of the community; it contains a full kitchen, library, coin-operated laundry, billiard room, shuffleboard courts, sundeck with covered heated pool. Gated storage for boat trailers or motor homes. Boat Slips for Lease. Close proximity to shopping, movie theaters, two local hospitals for convenience and peace of mind. Leesburg and the neighboring towns host festivals such as BikeFest, Antique Shows, Georgefest, etc. One hour away from Orlando’s entertainment hub and MCO (international airport).
This is a 99 year leased property. The building that is placed on it is owned by by whoever leases the property. Bonfire has its own water treatment system (private not public). Owner has also confirmed with Bonfire that the electrical pedestal has been placed and the lines have been ran. Also they need a months notice for water hook up.
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Our Executive Mortgage Banker:
Our Insurance Division:
$29,900
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 | $23,920 | $23,920 | $23,920 |
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 | $159 | $159 | $205 |
Total Monthly Payment | $234 | $234 | $280 |
* 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.