Under contract-accepting backup offers. Welcome to your waterfront oasis! This spacious . 58-acre canal front lot offers the perfect setting to build your dream home. Located just off of scenic Lake Eustis, this property provides direct access to the stunning Harris Chain of Lakes, ideal for boating, waterfront dining by boat, fishing, and endless water activities. The lot features a concrete driveway from a previous home, along with a well and septic system already in place, although the condition of these features is unknown. Enjoy your own covered dock with a convenient boat lift, allowing for easy access to the water anytime. The dock needs repairs. . . but dock repairs are MUCH more affordable than new dock permits and construction. This lot is double sized compared to other lots in the neighborhood. Its size likely allows space for a detached garage, workshop, or RV and boat parking in addition to your new home. There's no HOA, so if the county allows it. . . you're good to go! Whether you’re looking for a peaceful retreat or a launching point for adventures on the water, this property has it all!
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$115,000
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 | $92,000 | $92,000 | $92,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $620 | $611 | $776 |
Total Monthly Payment | $695 | $686 | $851 |
* 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.