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742 N Lake Reedy BOULEVARD, Frostproof, FL, 33843 | $475,000
Under contract-accepting backup offers. This beautiful, prime lakeview acreage is one of the components of MLS No. L4947253, a 17+ acre property with potential for residential development on the southern lakeview portion, and for commercial use on the northern portion with frontage on CR 630. This particular parcel is the blue shaded portion, in the first photo, of the combined property(ies) set forth in the second photo. The owner/seller recently decided to include the two component parcels separately, or together as the combined property set forth in the original listing. This 10. 31 acre parcel has approximately 1285 feet of lakeview frontage on North Lake Reedy Blvd, is roughly 558 feet deep at the widest point, and has approximately 377 of highway frontage as well. See other listing for additional description, but this is the best of both worlds, with potential estate homesites to the south and business or commercial use to the north. Stated measurements are approximate. Refer to survey, which is attached, for precise figures.
Features
- Lot Size: 377 x 300 x 918 x 560 x 1286 x 265
- Lot Desc: Corner Lot
- View: Water
- MLS#: L4948379
- Days on Market: 57 days
- Website: https://www.raveis.com
/prop/L4948379/742nlakereedyboulevard_frostproof_fl?source=qrflyer
Listing courtesy of ADVANTAGE REALTY 1 Phone: 863-386-1111
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
742 N Lake Reedy BOULEVARD, Frostproof, FL, 33843
$475,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $380,000 | $380,000 | $380,000 |
| 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 | $2,560 | $2,526 | $3,205 |
| Total Monthly Payment | $2,635 | $2,601 | $3,280 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388