In the path of progress, High and Dry 1. 95 Acres with 500 feet frontage along US Hwy 27 S. Median turn cut and Dollar General at Jackson Street is located directly across Hwy. Close proximity 3/10th mile south to Warner University and 4/10th mile north to Oakley Transport, Inc trucking terminal and a new Circle K Truck Stop Station. Traffic count 2023 map is showing AADT 19, 000. US 27 is the Major North/South Hwy in Central Florida. The major intersection with SR Hwy 60 running East and West from Lake Wales to Vero Beach or Tampa is approx. 4. 5 miles north of the subject property. This property is being offered as all 5 lots together; however, the next owner could develop or resell the lots individually. Future land use Rural Cluster Center RCCX provides for a vast number of allowed commercial and conditional uses, check with Polk County Planning Department.
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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 | $312,000 | $312,000 | $312,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,050 | $2,074 | $2,654 |
Total Monthly Payment | $2,125 | $2,149 | $2,729 |
* 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.