This wonderful Mount Plymouth residential building lot is one of a few lots remaining in this charming historic golf cart community of Mount Plymouth located in the heart of Sorrento. This lot is ideal for those looking to build their dream home on an cleared lot in a non HOA established neighborhood offering the best of both worlds: a tranquil country life with all the benefits of city accessibility. Surrounded by lovely homes and gardens, and with over 12, 200 square feet of land, there is plenty of room for the avid gardener. Mount Plymouth is a haven for those who adore nature, the great outdoors and crave a serene spot to unwind away from the city's hectic life and traffic …. but still close enough to enjoy urban amenities. This unique lot is just 1. 5 miles from the breathtaking Neighborhood Lakes Scenic Trail & Trailhead . . . a getaway to the expansive Wekiwa Trail System, offering 2. 8 miles of multi-use paved trail extending into Orange County and connecting to a variety of regional trails including the Coast to Coast Trail, Heart of Florida Loop, Florida Scenic Trail and the River to the Sea Loop. Commuting is a breeze with easy access to the 429 and 441, making work commutes or getaways effortless, and only minutes from some of Florida's finest state parks, and just under an hour to Florida's East Coast and just a couple hours to Florida's West Coast. Historic downtown Mount Dora and downtown Tavares, located on miles of the Harris Chain of Lakes, are only minutes away. The Harris Chain offers an abundance of adventurous waterways and water sports, including a sea plane marina. Florida's most famous theme parks, Disney World, Universal Studio and Sea World, are just under an hour commute on Florida's 429. Build your dream home when you are ready !
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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 | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $571 | $563 | $731 |
Total Monthly Payment | $646 | $638 | $806 |
* 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.