This property can be described as country living with city convenience! it is is situated on over 1. 25 acres and is located in a very private, country setting. There is a studio apartment on the property which has both electric and gas. Build your dream home which can be either a single family home or manufactured home with the current zoning. The well, septic, and electric are on the property so no need to worry about impact fees! There are storage sheds and concrete slabs if you want to park an RV or for other uses. There is a ton of potential opportunities for this property. Bring your boat, RV, or other toys because there is no HOA! A single family homes was previously on the property but was destroyed by a storm. The chimney is still standing. The location is near the famous Strawberry Festival and just a few miles to Strawberry Crest High School. This property is near I-4 and I-75 for a very easy commute to Tampa, Lakeland, & Orlando! A Prime location with just a short drive to shopping, restaurants, wineries, Hard Rock Casino, theme parks, and beautiful Florida beaches!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,999
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,999 | $159,999 | $159,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $79 | $79 | $79 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,078 | $1,372 |
Total Monthly Payment | $1,217 | $1,231 | $1,525 |
* 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.