An exceptional opportunity to acquire 9.75 acres of high and dry vacant land near 'The Villages', Florida’s premier active adult's community. This land offers significant growth potential, surrounded by multiple emerging developments, including: 1) Hammock Oaks—a mixed-use community spanning approximately 732 acres with around 2,500 residential units and 65,000 square feet of retail space—and , 2) The Grove Community, known for its well-maintained, peaceful environment, 3) The Green Villages, 4) Permits for 2 more huge residential developments are acquired on Lake Ella Rd. The property is conveniently close to everyday amenities such as Sam’s Club, Costco, diverse restaurants, shopping centers, and healthcare facilities. Its strategic location amid ongoing developments and proximity to essential services make it a compelling prospect for investors and developers aiming to capitalize on the area’s rapid growth. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer.
TBD 00300 MICRO RACETRACK ROAD, Fruitland Park, FL, 34731
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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