Under contract-accepting backup offers. Prime Central Florida Location Between Orlando & Tampa. Situated Within 7 Miles of the Interstate, This Exceptional Opportunity Offers 3 Mobile Homes + Large 24x40 Workshop on 3. 3 Acres, Providing Multiple Possibilities. Multiple Improvements Already In Place, Including Fencing Between Properties, Lease All Dwellings for Maximum Income Potential. Multiple Septic Tanks on Property, City Water, Mature Trees, Lush Landscaping, and Van Fleet Trail Adjacency Enhance Appeal. Auburndale's Emerging Lake Ariana Park Area Will Feature Civic Center, Boat Dock, Picnic Pavilions, Event Space, Playground, Beach Volleyball Courts, and Ample Parking. Proximity to Florida Polytechnic University Positions Area for Extraordinary Growth. Amenities are Close Via Hwy 559 or Hwy 557 With Quick Access to Lakeland, Camp Margaritaville RV Resort within 1. 2 Miles, New Publix Shopping Center 6 Miles Away, Legoland 14 Miles, Tampa Airport 48 miles, Orlando Airport 53 miles. Schedule a Showing to Witness the Robust Potential Before This Property is Gone.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $411 | $411 | $411 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $2,881 | $2,879 | $3,522 |
* 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.