3303 Babbitt AVENUE, Orlando, FL, 32833 | $80,000

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!

Features

  • Lot Size: 74 x 625
  • HOA Fee: $50
  • Lot Desc: In County
  • Elem. School: Wedgefield
  • Middle School: Wedgefield
  • High School: East River High
  • Pet Policy: Yes
  • MLS#: O6225717
  • Days on Market: 93 days
  • Website: https://www.raveis.com
    /prop/O6225717/3303babbittavenue_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 11:33:22 AM)
Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY   Phone: 321-527-5111

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Has access to hundreds of loan programs, all at competitive rates
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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3303 Babbitt AVENUE, Orlando, FL, 32833

$80,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $64,000 $64,000 $64,000
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 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $431 $425 $540
Total Monthly Payment $506 $500 $615

* 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.