Discover your perfect building site in one of Central Florida's most promising areas of growth. This prime 0. 23-acre lot is ideally situated near the stunning Lake Weir, a 5, 685-acre natural paradise known for its unique sand bottom and exceptional recreational opportunities. Located in an emerging neighborhood of quality new construction, this R1-zoned lot offers the perfect setting for your dream home. The property features paved street access with power nearby, requiring well and septic installation. Enjoy the freedom of no HOA restrictions while benefiting from protective covenants that maintain neighborhood standards (no mobile homes permitted). The location offers the best of both worlds – peaceful surroundings with easy access to The Villages and the countless activities Lake Weir provides, including boating, water sports, and wildlife viewing. This well-positioned lot represents an excellent opportunity to build in a developing area with established growth patterns and natural Florida beauty. Cash purchase only; no owner financing available. Don't miss this chance to secure your piece of Florida's future in this desirable location
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,990
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 | $20,792 | $20,792 | $20,792 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $138 | $138 | $178 |
Total Monthly Payment | $213 | $213 | $253 |
* 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.