Here's your chance to own a spacious lot at a great price! This 4. 4 acre lot in Indian Lake Estates is ready for you to build your dream home! No clearing has been done so you have a blank canvas! 7, 500 acres comprise Indian Lake Estates and its 700 lots are conveniently located in the middle of the state - just 45 minutes to Disney World, 55 minutes to Kennedy Space Center and the east coast beaches, and an hour to the west coast beaches on the Gulf. Enjoy lakefront life with boating and fishing on Lake Weohyakapka (Lake Walk-In-Water), as well as golf, tennis, pickleball, basketball, country club activities, and more! You'll love sunsets on the 1, 000' fishing pier - the longest freshwater pier in the state of Florida! There are several churches and a post office within the community as well. County water is available to your lot if you choose to connect, but you are also able to have a private well. Septic tanks are required on all lots. Lot #3 is also available next to this one, which would give you 5. 73 acres!
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Our Executive Mortgage Banker:
Our Insurance Division:
$130,000
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 | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $692 | $691 | $877 |
Total Monthly Payment | $767 | $766 | $952 |
* 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.