This exquisite lake front property lies on the south shores of Lake Dora, in Tavares, Florida, which is a part of the Harris Chain of Lakes and lies in the luxurious community of Deer Island Country Club. With 104 ft of waterfront on 1. 28 acres, this property is exceptional in its location and a dream come true. Build your own Custom dream home, pool and boat dock. Choose your own builder and design your own dock in your own timeframe, Enjoy the sunrises and sunsets with this north facing property. PERFECT setting for relaxing and watching the lights from across the lake in Mount Dora, Florida. The Harris Chain of Lakes connect to some of the best tournament Bass fishing in Florida, and on holidays events, enjoy festivities and fireworks from across the lake. Take your boat to local restaurants and entertainment venues on the Chain of Lakes! Deer Island is a 400 acre private island with a small community. Golf membership is not a requirement. Approval for a Boat dock will need to go through the St Johns River Management and be done by the Buyer. Three options available for memberships and HOA Docs available on request. Owner is motivated and ready to sell!
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Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,677 | $1,675 | $2,125 |
Total Monthly Payment | $1,752 | $1,750 | $2,200 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.