Attention Investors and Developers! OWNER FINANCING AVAILABLE! 3 individual parcels included in sale. Mixed Use Zoning, Industrial & Warehouse, C-2/General Commercial & CPUD with a FLU of Commercial and FLU of Industrial. The zoning is designed to accommodate both General Retail Sales/Services, Storage & more, making this a one of a kind property w/ endless possibilities. Prime Investment & Development area! Vacant Land with 392 feet of Highway frontage on 441/27 & approximately 6. 17 acres of land. Located in the city limits of Fruitland Park (The Friendly City) & includes City Utilities. 3 separate Alternate Keys: 1204101, 1170559, & 1170541 included in sale and can be divided as parcels are separate. Property recently was cleared of old buildings. Property is adjacent to Lake Griffin State Park offering 500 acres of hiking, fishing, boating, camping & exploring. Excellent Central Florida Service Location with easy access to the Florida Turnpike, I-75, 466 & 27. Centrally located between Leesburg & "The Villages", only 30 miles South of Ocala & 1 hour to the Orlando Theme Parks/Attractions & the Orlando Airport. Beaches are within 2 hours heading to the East/West Coast. "The Villages" is one of the largest 55+ communities in Florida & in the World, growing everyday. Hospitals, Shopping, Restaurants, Schools, Entertainment, & more all close by. Best Value in the area. Information contained herein is deemed to be accurate, buyer to verify.
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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 | $920,000 | $920,000 | $920,000 |
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 | $5,815 | $5,891 | $8,014 |
Total Monthly Payment | $5,940 | $6,016 | $8,139 |
* 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.