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Under contract-accepting backup offers. Discover the perfect homesite in Poinciana's rapidly growing and highly sought-after community. This lot is ideally situated just minutes from Poinciana Parkway, offering easy commuting to Orlando. Additionally, it is conveniently located near Poinciana Hospital, schools, and major shopping centers such as Walmart and Publix. Enjoy the proximity to major attractions, with Disney, SeaWorld, and Universal Studios approximately 30 minutes away. Poinciana is a vibrant, family-oriented community that hosts numerous events throughout the year, including the annual Christmas Parade, Easter Egg Hunt in the Park, Movies in the Park, Bingo Night, July 4th Fireworks, Carnival, and much more, ensuring there is always something to entertain residents of all ages. The community recently partnered with Spectrum to offer homeowners internet and TV services for approximately $60 per month. Perfect for first-time buyers or investors ready to build, this lot presents an excellent opportunity to create your dream home. Poinciana offers an impressive range of amenities, including a Club House, Recreation Center, swimming pool, tennis courts, baseball, softball, football, soccer, basketball, racquetball, gym, fitness trails, parks, dog parks, and lakes for fishing. The community also features an Olympic-sized swimming pool for competitions, which opened in the summer of 2017.
Enjoy the peace of this location while still being close to toll roads, the gym and aquatic center, the medical center, shopping, restaurants, and schools. The Orlando International Airport, Disney parks, Sea World, Universal Studios, and many other Central Florida attractions are just a short drive away. Don't miss this hidden gem opportunity to build an expanding community with reasonable prices. Bring your blueprint and start building your dream home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$59,999
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 | $47,999 | $47,999 | $47,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $323 | $323 | $415 |
Total Monthly Payment | $398 | $398 | $490 |
* 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.