Oh, the possibilities! Enjoy this great, waterfront commercial location. This 4. 0+/- acre gem, including the additional parcel #262901663500000160. It offers waterfront access and is ideally situated just a mile or so from Legoland Florida. Located approximately 1 to 1. 5 hours from Tampa and Orlando International Airports and popular beaches, this versatile property combines commercial potential with natural beauty. Situated along Cypress Gardens Road and includes a clear water canal leading to Lake Dexter. The shaded parcel is adorned with mature oak trees, bringing nature to your doorstep. Enjoy direct access to Lake Dexter, a pristine 146-acre private lake in Winter Haven, Florida, making this property suitable for various investors, from dream homes to small businesses or Airbnb rentals. Imagine the possibilities: a serene canal-front residence paired with a thriving business just off Cypress Gardens Road, all in one location! Experience the best of both worlds with this unique property, offering commercial frontage and tranquil waterfront living. Note that all land use is subject to approval by Polk County, and potential buyers should verify permitted uses before purchase. Don't miss this opportunity to invest in a truly versatile piece of Florida real estate that combines commercial potential with natural beauty and waterfront access!
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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 | $307,600 | $307,600 | $307,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,046 | $2,021 | $2,594 |
Total Monthly Payment | $2,121 | $2,096 | $2,669 |
* 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.