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Waterski enthusiasts, this stunning vacant land is situated on a manmade waterski lake with two slalom courses. Enjoy breathtaking sunrises with the East-facing orientation of this property. With lake access, you can build your own dock and enjoy waterskiing. This lot is surrounded by pristine pine trees giving you ample opportunities to enjoy nature. Take advantage of the multi-use trail and explore the scenic surroundings. With a minimum home size requirement of 3, 400 square feet, you have the freedom to design and build your dream home, partnering with the builder of your choice. The expansive waterski lake, measuring an impressive 2, 800 feet long and 350 feet wide, provides the perfect setting for honing your skills or enjoying exhilarating fun on the water. This is more than a property—it’s a rare opportunity to own a piece of paradise. Whether you are looking for a personal retreat or a place to entertain family and friends, this land is your canvas to create the lifestyle you have always envisioned. Enjoy a 40min drive to New Smyrna Beach. Don’t let this unique opportunity slip away, schedule your visit today and experience the magic of waterside living in Deland, FL!
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Our Executive Mortgage Banker:
Our Insurance Division:
$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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,839 | $2,344 |
Total Monthly Payment | $1,914 | $1,914 | $2,419 |
* 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.