FINANCING AVAILABLE!!! Build your dream home on this beautiful 0. 52-acre lot situated in Indian Lake Estates, a community dedicated to golfing, fishing, and boating in the heart of Florida. The adjacent half-acre lot is available as well, offering the possibility of expanding to a one-acre property. This is the ideal spot for those seeking the quintessential Florida lifestyle! The area boasts a beach, boat ramp, marina, pavilion, and the state's longest freshwater fishing pier. The pavilion features propane grills and sheltered picnic areas. Additional amenities include basketball and tennis courts, a clubhouse, post office, churches, a library, a fitness room, and a pro shop. With abundant wildlife such as deer, raccoons, turkeys, turtles, cranes, and various bird species, and a central location just an hour from Orlando or Tampa, this property is a steal below market value. Investing in Florida land is a sound decision for your future, whether you're planning to build a permanent home, a vacation retreat, a rental property, or hold onto the land as a valuable long-term asset to sell at a profit later.
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Our Executive Mortgage Banker:
Our Insurance Division:
$18,000
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 | $14,400 | $14,400 | $14,400 |
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 | $97 | $96 | $121 |
Total Monthly Payment | $172 | $171 | $196 |
* 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.