Under contract-accepting backup offers. Don’t miss this incredible opportunity to build your custom dream home on one of the last remaining lakefront estate properties on the highly sought-after Lake Whippoorwill in the heart of Lake Nona! This beautiful 2. 85+/- acre property offers 80+/- feet of lake frontage on the pristine waters of the private Lake Whippoorwill. With 2. 85+/- acres and NO HOA restrictions you’re able to create a true estate property with whatever amenities you desire. Buyers may use whatever builder they desire are use one of our trusted custom builders to create your custom dream home! The property is also surround by large estate properties and offers plenty of privacy and space. Located in a top rated school district with unparalleled convenience to the Lake Nona Town Center, Medical City, Orlando International Airport, KMPG, USTA Center with easy access to main roads including Hwy 528 (Beachline) and 417 (Greenway). This property will not last long, so call today for more details!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,481 | $7,580 | $10,364 |
Total Monthly Payment | $7,606 | $7,705 | $10,489 |
* 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.