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Complete Your Vision of Country-Living by Building your DREAM HOME Here on this Affordable, Residential HALF-ACRE of VACANT LAND perfect for either a Single Family or a MOBILE HOME! HOLY COW!
Property Fronts State Road 33 near the Intersection with CR 474. From the Main Road on SR 33 You Will Build Your Driveway to the Back of the Property where Your New Home Will Be Shaded by Native Longleaf Pine and other Tall Trees!
This Half-Acre Property is Mostly Wetlands except for a strip along the back of the land, which is normal for ALL Properties in this area. To be able to BUILD a Single-Family or MOBILE HOME on the land, after closing the Buyer will have to use info the seller provided to Purchase “Wetlands Mitigation Credits” from the State, at an Estimated cost of $25-40, 000, depending on how big of an area You would want clear & Build on the Land. Both a Boundary Survey and Wetland Survey are Available!
Live the Life you Want with NO HOA, Just like Everyone Wants, in the Private and Quite Country-Like Setting, yet still close to Shopping, Stores and Schools!
Lots of Gorgeous Nature and the Lake County Chain of Lakes Nearby, with Walmart only a 15- minute drive… and Historic Downtown Clermont and the Walt Disney World Theme Parks within 30 minutes! The Nearby Interstate 4 and the Florida Turnpike make for an Easy Commute to Orlando or Tampa!
Zoning is Agricultural; Front Setback would be 100 feet from the front and 50 feet on the Sides with a Rear Setback 25 feet from Rear Property line.
This Property is Raw Land needing Clearing, a Well and a Septic. Though the Property Contains Wetland, Once your Home is built the Land is NOT in a Flood Zone, so Your New home will not Require Flood Insurance!
Property Taxes are only $345/year! Schools and Lot Size Deemed Accurate, but are not Warranted.
Schools: Pine Ridge Elementary, Gray Middle, South Lake High School! Say YES!
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Our Executive Mortgage Banker:
Our Insurance Division:
$48,950
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 | $39,160 | $39,160 | $39,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $244 | $257 | $328 |
Total Monthly Payment | $319 | $332 | $403 |
* 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.