Commonwealth AVENUE N, Polk City, FL, 33868 | $175,000

Discover the perfect canvas for your future! This 2. 49-acre parcel, located in sought-after Flood Zone X, offers a high-and-dry, only minimal landscape clearing will be necessary, ready for your imagination to take flight. Whether you envision building your dream home, starting a sustainable homestead, or securing a prime investment in Central Florida, this property holds endless potential. Prime Location Meets Peaceful Living! Enjoy the serenity of a private setting while staying connected to the convenience of modern life. Situated close to Highway 27 and I-4, this property makes commuting to Orlando, Disney attractions, or Tampa seamless. Experience the best of both worlds—tranquil rural charm with easy access to all the amenities you need. Key Highlights: Custom Build Opportunity: Zoned for one residential home, giving you the freedom to craft the home that suits your lifestyle. Minimal Prep Needed: The mostly cleared land means faster development and cost savings. Flood Zone X: High, dry, and secure, providing peace of mind for your future. Ample Space for Creativity: From expansive gardens and outdoor living spaces to a small hobby farm or homestead, the possibilities are endless. Picture yourself designing a residence tailored to your needs, with room to grow, entertain, and enjoy the outdoors. Whether you’re dreaming big or keeping it simple, this property is your blank slate. Bonus Opportunity: Two additional parcels are available for purchase, offering over 7 acres total when combined! Don’t miss out on the chance to create your own slice of Florida paradise. Call today to schedule a tour and start turning your dreams into reality!

Features

  • Lot Size: 177 x 598
  • MLS#: L4949309
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/L4949309/commonwealthavenuen_polkcity_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/29/2025 1:17:07 PM)
Listing courtesy of KELLER WILLIAMS REALTY SMART   Phone: 863-577-1234

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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Commonwealth AVENUE N, Polk City, FL, 33868

$175,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.990% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.153% 7.146% 6.160%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $908 $930 $1,172
Total Monthly Payment $983 $1,005 $1,247

* 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.