Under contract-accepting backup offers. AMAZING OPPORTUNITY for highly sought after building lot with income producing home on site. Buy now, build later. Plans, design, contractors, financing available through LA. The existing home is nestled amidst the beauty of the Lake Butler community. Our spacious and picturesque property boasts over 1 acre of lush landscapes adorned with majestic mature oak trees, a colorful array of plants, and a vibrant, expansive backyard that feels like your very own private oasis. This property is not just a home; it's an experience. The backyard is an oasis of tranquility, offering a perfect space for outdoor entertaining, family gatherings, or simply unwinding in nature's embrace. Imagine enjoying a morning coffee or an evening cocktail under the cool shade of these magnificent oaks. The natural surroundings and wildlife make this neighborhood truly unique. Top rated schools and amenities/ needs and wants all close by. Easy commute to downtown or the airport. **NEARBY ATTRACTIONS, LANDMARK & RESTAURANTS** * Windermere Brewing Company - 5 min drive * Florida Lake Tours - 11 min drive * Florida Ski School - 11 min drive * Walt Disney World® Resort - 17 min drive * Universal's Islands of Adventure - 20 min drive * Universal Studios - 21 min drive * Universal Orlando Resort - 21 min drive * Magic Kingdom Park - 22 min drive * Disney Springs - 23 min drive * International Drive - 26 min drive **KEY FEATURES** * Located near the famous Lake Butler Chain of Lakes * Near Peacock Reserve * Fully equipped kitchen, stocked with the essentials. * Open living area perfect for bonding with families & friends! * Spacious outdoor area loaded with amenities. * Washer + dryer **BEDROOM ARRANGEMENT** BR1: 1 King Bed BR2: 1 Daybed BR3: 1 Queen Bed BR4: 2 Twin Beds **LIVING ROOM** Cozy and spacious living room with comfortable couch to curl up for a movie with your loved ones and plenty of games to keep you entertained. The living room offers plenty of natural light and flows seamlessly together, creating a warm and inviting space perfect for bonding with friends and family. **KITCHEN & DINING** The kitchen is stocked with all the necessary appliances and utensils, making it easy to prepare meals and snacks. A dining area ensures you can enjoy family meals together. **PARKING** *5 parking spaces in the driveway *free street parking **OUTDOOR SPACE** The backyard is a haven of serenity, providing a sense of tranquility and privacy rarely found amidst the hustle and bustle of daily life. The towering oak trees offer shade and create a serene ambiance for relaxation. Improvement to the home include a NEW ROOF in 2023! Full AC duct Replacement, AC repair and maintenance, new carpet and paint, oak tree removal and oak tree trimming, tile bathrooms, service and maintenance of septic, replace toilets and plumbing in all baths. Successfully leased, details can be provided if needed. Furnishings are negotiable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,950
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 | $1,199,960 | $1,199,960 | $1,199,960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $1,071 | $1,071 | $1,071 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,683 | $7,783 | $10,536 |
Total Monthly Payment | $8,879 | $8,979 | $11,732 |
* 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.