Under contract-accepting backup offers. 1. 24-acre VACANT LAND, nestled within the Cape Orlando/Wedgefield Golf and Equestrian Communities. Spanning an impressive 180' x 300', this piece of land offers an unparalleled opportunity to craft your dream home in the beautiful natural surroundings of Wedgefield. Boasting an unbeatable location, the property is less than 20-minute drive from Orlando Airport, making it an ideal choice for both convenience and accessibility. Positioned within the sought-after Golf and Cavalier Community, this parcel sets the stage for the realization of your dream residence. Enjoy the incredible convenience of being within 30 minutes of Downtown Orlando, I-95, Cocoa Beach, and Orlando's famous theme parks. With easy access to Hwy 528 and UCF, this location seamlessly blends convenience and accessibility. The proximity to Lake Nona Medical Center adds an extra layer of practicality to daily living.
Wedgefield presents a myriad of recreational amenities, including a top-notch golf course, a country club complete with a restaurant and bar, bicycle lanes, and a community park. Nature enthusiasts will appreciate the nearby Hal Scott Preserve and Park, sprawling across 9, 000 acres on two sides of Wedgefield, preserving the area as a peaceful oasis amidst Orlando's rapid development.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$110,000
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 | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $556 | $556 | $719 |
Total Monthly Payment | $631 | $631 | $794 |
* 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.