Rare opportunity for this 10 acres of forested parcel with plenty of privacy. Manufactured home on-site has a partially collapsed roof & concerns of unsafe structure. No interior access is being permitted. Opportunity to build your dream home on this secluded Florida woodlands lot in the heart of Lake County offering you the peace & serenity of nature. No HOA. Property is located less than 15 minutes from downtown Groveland & the Highway 50 thoroughfare providing access to a variety of dining options, Publix Supermarket, home improvement, banking, pharmacy, fuel, library, hospital & more! Other amenities in the area include Lake David Park, Van Fleet Trailhead, Richloam WMA, Swiss Fairways Golf Course, Swiss Waterski Resort, Lake Louisa State Park, & Clermont's Waterfront Park. Central Florida's world class theme parks, Universal Orlando, SeaWorld & Disney World, are all within approx. 35-40 miles by car. Aside from Highway 50, other major roads within the vicinity are Highway 27, Florida Turnpike, & SR-429. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan program. MLS information deemed reliable, but not guaranteed. Parties are advised to verify. If applicable, please factor any rehab/construction costs into the original offer.
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Our Executive Mortgage Banker:
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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 | $156,600 | $156,600 | $156,600 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,042 | $1,041 | $1,321 |
Total Monthly Payment | $1,338 | $1,337 | $1,617 |
* 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.