IMPACT FEE CREDIT of $23, 000
**Exceptional . 77 Acre Vacant Land in Orange County – Endless Development Potential!**
Discover a prime opportunity with this . 77-acre vacant land located within the 2050 Vision Master Plan in Orange County. This versatile property offers endless possibilities for developers and investors, with the potential to build up to a 23-unit apartment building, single-family residences, or transitional living affordable housing.
**Key Features: ** Multigenerational Living! Build Your Own Mini Community.
- **Strategic Location: ** Located in close proximity to the Amazon distribution center, local hospitals, and the Kia Center, this land is ideally situated for maximum convenience and accessibility.
- **Versatile Development Options: ** Whether you envision a multifamily apartment complex, single-family homes, or affordable housing solutions, this property provides the flexibility to meet the community's evolving needs.
- **Proximity to Major Attractions: ** Enjoy easy access to renowned destinations such as Disney, UCF’s downtown campus, the soccer stadium, and Camping World Technology Hub, making this location highly attractive for future residents.
- **Community and Economic Growth: ** Positioned within an area set for continued development, this property is poised to benefit from the growth and revitalization efforts of Orange County, ensuring a promising investment.
- **Access to Amenities: ** The surrounding area boasts a wealth of amenities, including shopping, dining, and recreational opportunities, enhancing the appeal of any future development.
- **Investment Opportunity: ** With the growing demand for housing and transitional living solutions, this land represents a lucrative opportunity for forward-thinking investors looking to make a positive impact in the community.
Don’t miss out on this unique chance to own a prime piece of vacant land in Orange County. Explore the limitless potential this property offers and start your journey towards a successful development today! Contact us for more information or to schedule a viewing.
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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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.000% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.171% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,038 | $2,998 | $3,951 |
Total Monthly Payment | $3,130 | $3,090 | $4,043 |
* 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.