Build your dream home on this prime 1. 03 acre lot in Wedgefield, Florida, located on Meredith Parkway located in close proximity to the Golf Course. This exceptional property is situated in the sought-after Cape Orlando Estates, offering a unique and unparalleled opportunity for your dream home. Conveniently Located by the Amazing Wedgefield Golf Course.
With its ideal location it allows you to design and build a custom home that perfectly complements the upscale character of the neighborhood. Embrace the natural beauty of Florida's landscapes on this generously sized 1. 03 acre lot, while also benefiting from the convenience of being just 3. 5 miles away from the state road, providing easy access to nearby attractions and highways, as well as shopping destinations.
It is important to note that there is currently no homeowners association for this lot, but it is anticipated that there will be HOA fees once you build your home. Don't miss out on the opportunity to make this prime lot yours.
This location is conveniently situated near the Orlando airport, UCF, Canaveral beaches, and Lake Nona medical city. Wedgefield is known for its prime real estate, and this area is no exception. Don't hesitate to call or text to inquire about this exceptional property.
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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 | $76,000 | $76,000 | $76,000 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $512 | $505 | $641 |
Total Monthly Payment | $587 | $580 | $716 |
* 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.