ATTENTION: VACANT LOT WITH MIXED-USE DOWNTOWN ZONING IN THE CITY OF APOPKA, FL 32703. This 50'x150' lot is located in the City of Apopka's downtown district and has a commercial zoning of MU-D (mixed-use downtown) and in the Opportunity Zone. There is "no" HOA and the parcel is located on a paved road with electricity, City Water & Service, Internet, Cable, etc. available to the property. The lot is high & dry (flood zone "x") and would only need minimal site work & clearing to build. There are existing sidewalks, and a curb cut. While you could build a single family, duplex or townhome dwellings on the lot, the MU-D zoning also allowed uses to include offices, retail services, personal services, recreation/entertainment, communication, education, health care, visitor accommodation, eating and drinking establishments. Just two-minutes to downtown Apopka, local shopping, dining and close to Orange Blossom Trail (US-441), Hwy 436 and the Western Beltway (Hwy 429) with direct access to Downtown Orlando, Disney, and all that Orlando has to offer. Go directly to the site to view and feel free to call for more information.
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William Raveis Real Estate
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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 | $68,000 | $68,000 | $68,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $452 | $447 | $569 |
Total Monthly Payment | $527 | $522 | $644 |
* 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.