This land boasts immense potential, offering 11 acres of prime investment opportunity situated directly on Route 192. Adjacent to the sold-out Lennar (Landcaster) community and surrounded by burgeoning developments, this parcel is ideal for builders ready to embark on a new project or buyers desiring to construct a grand residence amidst expansive grounds. Revel in the full renovation completed this year, including a fresh coat of paint. The property welcomes you with a nearly 11-acre expanse featuring a newly updated mobile home, complete with a fenced chicken coop/barn, a private lake, and abundant land to fulfill your agricultural pursuits. The mobile home includes 2 bedrooms, 1 bathroom, and brand-new kitchen appliances at your disposal, complemented by window AC. Located at the intersection of Nova Rd and Druliner, the site is free from HOA or CDD constraints. Seize the opportunity to visit today! Positioned on the outskirts of Saint Cloud, this exceptional location invites you to build the home of your dreams in a serene rural setting. With nearly 11 acres at your disposal, there's ample space for your cherished pets or livestock to roam freely. The property, adorned with a lake and a well-maintained mobile home, awaits your discovery. Explore the potential of this remarkable property. This property is conveniently situated just a half-hour from Disney World and Universal Studios, and within a half-hour from Orlando International Airport, offering an ideal mix of luxury, comfort, and convenience. It's also just minutes away from a major expressway
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
William Raveis Real Estate
Phone: 888.699.8876
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $398 | $398 | $398 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,005 | $6,915 | $9,557 |
Total Monthly Payment | $7,528 | $7,438 | $10,080 |
* 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.