Best and last opportunity to bring your dream home to life on this extraordinary oversized vacant lakefront lot situated on the serene 82-acre Lake Sybella in Maitland. Embrace the tranquil beauty of this 0. 46-acre parcel tucked away on a secluded dead-end street, providing the perfect canvas for your custom oasis. The City of Maitland has given the green light to a stunning design plan for a two-story residence with a basement living space, boasting a grand total of 6217 sqft. Imagine a home that harmonizes luxury and comfort, featuring four balconies and a lower porch that capture breathtaking views of the lake. The design also includes a private dock, offering direct access to the shimmering waters for your watercrafts. This isn't just a dream; it's a ready-to-build reality. All land development requirements have been meticulously addressed, and the seller's design plans have received full approval from the City of Maitland. During your due diligence period, all documentation will be at your disposal for review. Live the life you've imagined in a home tailored to your desires, surrounded by the beauty of Lake Sybella. Don't miss out on this rare opportunity to create a lakeside haven that reflects your vision and lifestyle. For more information and to begin the journey of turning this vacant lot into your custom masterpiece, contact us today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$984,000
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 | $787,200 | $787,200 | $787,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,041 | $5,106 | $6,912 |
Total Monthly Payment | $5,133 | $5,198 | $7,004 |
* 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.