Under contract-accepting backup offers. Discover this unique investment gem in South Lakeland, perfect for savvy investors and homeowners alike. This one-of-a-kind property offers 1, 485 sq ft of charming living space, complemented by a 594 sq ft finished basement, ideal for extra living or entertainment.
Additionally, an out-building with 1, 440 sq ft of air-conditioned space awaits, providing endless possibilities for work, hobbies, or guest accommodations. The main house features a distinctive wrap-around porch with a 1, 504 sq ft screened enclosure, perfect for enjoying the outdoors in comfort.
Set on a lush 0. 6-acre lot with mature landscaping, this home provides a private, nature preserve-like atmosphere. The property also includes a convenient 3-car garage accessible via a paved driveway.
While some repairs and updates are needed, the potential for value appreciation makes this an exceptional investment opportunity! Conveniently located near excellent schools, Banana Lake, shopping, entertainment, and a nearby Publix, this property offers both tranquility and accessibility. It's the perfect blend of nature, privacy, and convenience.
Schedule a private showing and don’t miss out on the chance to own a piece of South Lakeland’s unique real estate!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
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 | $117 | $117 | $117 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,612 | $1,590 | $2,017 |
Total Monthly Payment | $1,804 | $1,782 | $2,209 |
* 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.