AMAZING OPPORTUNITY – 15 ACRES OF GORGEOUS VACANT LAND ON LAKE APOPKA! The perfect location for a large private estate, or for a convenient mini-farm. A stunningly beautiful 15 acre (5 +/- acres of upland and 10 +/- acres of wetland) gently sloping, wooded lot located on the gourd’s neck of Lake Apopka and adjacent to, and across the street from the Bella Collina community and golf course (Bella Collina features multi-million dollar luxury estate homes and a Nick Faldo golf course). This land has an agricultural zoning designation, which could allow a house, guest house (accessory dwelling unit/ADU), barn and some domesticated farm animals (all requiring appropriate permits and approvals). Literally minutes from the historic 99 year-old Town of Montverde and the famed Montverde Academy and only a short drive to the Florida Turnpike, and to all of the shops and amenities of both Oakland and Winter Garden. Imagine a large private lakefront estate home only minutes from the Bella Collina country club and golf course, or a 15 acre farm just minutes from the FL Turnpike with easy access to the airport, downtown Orlando, and all of the outstanding features that Central Florida has to offer. Design and build your dream home with almost limitless possibilities. The gentle slope of the site offers elevated views and the possibility of a walk-out lower level, while the heavily wooded portion offers endless privacy. The site is full of a wide variety of beautiful mature trees and a diverse range of plants providing stunning views (see attached Verde survey letter). There are even some banana trees on the site. There is an old barbed wire fence along the road, a chain link gate and a short paved driveway (all in as-is condition). This truly is a unique opportunity in Central Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,591 | $8,703 | $11,840 |
Total Monthly Payment | $8,716 | $8,828 | $11,965 |
* 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.