This prime lot 5 acre lot offers a unique opportunity for a variety of purposes. It offers an ideal setting for a custom-built estate home or up to 5 individual homesites. Additionally , it presents opportunities for a chapel, assisted living facility, or emergency room, given its prime interstate exposure.
Currently zoned A-1, this property is situated in Seminole County, ranked as the number one county in Central Florida and eighth in the entire state. Conveniently located just 0. 8 mile from the Interstate exit, it offers a short 15-minute drive to downtown Orlando, a 35-minute commute to Universal Studios and other major tourist attractions, and a quick 20-minute trip to the newly expanded Sanford Airport. Furthermore, the pristine beaches of New Smyrna and Daytona Beach are approximately 30 minutes away.
Noteworthy nearby establishments include the National Headquarters for AAA, Mitsubishi Power Systems, Axium Healthcare, Deloitte, Convergys, NCR, Symantec, Verizon, and Fiserv. Seller will concider to split the lot and/or pay for s privacy wall with an acceptable offer.
For further details or to explore the possibilities of this versatile property, please feel free to reach out.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,340 | $9,220 | $12,643 |
Total Monthly Payment | $9,465 | $9,345 | $12,768 |
* 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.