Welcome to an incredible opportunity in the heart of Indian Estate! This expansive land parcel, located at 401 Tropicana Drive, offers a blank canvas for your dream property. Spanning . 06 acres, this spacious lot is nestled in a serene neighborhood, promising the perfect backdrop for your vision. Imagine building your dream home in this prime location, surrounded by lush greenery and mature trees that provide natural privacy. With its generous dimensions, this land gives you the flexibility to design the home of your dreams, complete with ample outdoor space for gardens, and a pool. Located in the highly sought-after Indian Estate community, you'll enjoy the best of both worlds - a tranquil retreat and easy access to all the amenities Indian Estate and the surrounding areas have to offer. Nearby schools, parks, shopping centers, and dining options make this location ideal for families and professionals alike. Don't miss this rare opportunity to make your mark on this neighborhood. Whether you're an investor looking for a promising project or a homeowner with a vision, this land is a canvas waiting for your masterpiece. Act quickly, as prime properties like this don't stay on the market for long! Contact me today to schedule a viewing and start turning your real estate dreams into reality at 401 Tropicana Drive, Indian Estate, FL. "
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,000
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 | $15,200 | $15,200 | $15,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $102 | $104 | $131 |
Total Monthly Payment | $177 | $179 | $206 |
* 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.