Nestled perfectly between the vibrant city of Orlando and the serene beaches on the Space Coast, this vacant parcel combination, zoned A-2, presents a unique opportunity in a prime location for your next investment or dream project. This parcel is being sold in combination with MLS #O6225690 as a package deal. Both lots are 75' wide x 629' deep, totaling 2. 16 acres. Per the Orange County Zoning Division, these parcels will need to be combined through the Property Appraiser to meet the minimum 100' lot requirement to be buildable. Once combined, the parcel will provide ample space for residential development, and is conveniently located near major highways for seamless connectivity. Surrounded by the natural beauty of Central Florida, enjoy lush landscapes and picturesque views. Just a short drive away, you'll have access to world-famous attractions like Walt Disney World, Universal Studios, SeaWorld, and the Kennedy Space Center, as well as stunning beaches and a variety of outdoor activities. Close to schools, medical facilities, shopping centers, and recreational areas, all your daily needs are easily met. With rapid growth and development in both Orlando and the Space Coast, this parcel presents a lucrative investment opportunity for forward-thinking buyers. Don't miss out on this rare chance to own a piece of land in one of Florida's most rapidly developing areas. Contact us today to schedule a viewing and explore the potential that this property holds!
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William Raveis Mortgage, LLC
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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 | $64,000 | $64,000 | $64,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $437 | $425 | $544 |
Total Monthly Payment | $512 | $500 | $619 |
* 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.