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First time on the market! Don’t miss the opportunity to see this Residential, Lakefront 6-acre lot with access to pristine Lake Pickett. This land zone is R-CE-C that essentially maintains very low residential density designation. This district is intended for areas appropriate for the development and maintenance of rural, country-like, single-family residential estates. The property is deeded for a boat dock and can be divided into seven lots. The property conveys with deeded access to neighborhood roads and a concrete boat ramp, with no ties or obligations to the neighborhood HOA. Enjoy an abundance of producing guava trees, a refreshing lakefront breeze, and breathtaking sunsets. Electricity is available, currently 1 well on property. City water available, needs to be hooked up. This land provides privacy and serenity while remaining close to Orlando’s conveniences. Don’t miss this rare opportunity to invest in a thriving area—lock in your future today! NOTE: All equipment and the removable home are not included in the sale. Appointment required – No Trespassing. For any questions, please contact the listing agent, John Kelson. Do not contact the owner.
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Our Executive Mortgage Banker:
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$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.895% | 6.496% | 6.449% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,389 | $7,486 | $10,289 |
Total Monthly Payment | $7,514 | $7,611 | $10,414 |
* 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.