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There is a structure on the property. Welcome to a rare opportunity nestled in the heart of Orlando! Presenting a bungalow situated on a substantial 14, 381 sqft lot at 9350 2nd Ave, Orlando, FL, 32824. This property awaits your vision—whether you're inspired to transform the existing 1, 080 sqft structure into your personalized oasis or embark on building your dream home anew. Imagine the possibilities on this expansive, R-1 Residential zoned land. With a scarcity of vacant residential lots in the 32824 district, this property offers a unique chance to stake your claim in an area where opportunities are rapidly diminishing. The existing bungalow features 2 bedrooms and 1 bathroom, and can be a starting point for ambitious homeowners or savvy investors alike. This property is also zoned for keeping chickens, promoting sustainability. Location is key, and this property scores highly on convenience. Perfectly positioned with close proximity to Orlando International Airport (MCO) and the vibrant pulse of Downtown Orlando, commuting and travel are effortlessly managed. Major roadways such as the 528, I-4, Florida's Turnpike, and the 417 providing seamless connectivity, making daily travels smooth and accommodating. Whether you're venturing out for a weekend getaway or navigating daily routes, this location supports your lifestyle efficiently. This property stands out in its peaceful community, providing a retreat from the busyness of daily life while still being easily accessible. With a spacious lot and a prime location, there are numerous opportunities for customization, allowing you to design a living space that will showcase your style. This is a site where dreams can build. Don't let this chance slip by. Take the first step towards creating something extraordinary in a location that offers both value and potential. Contact us to get started!
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $1,248 | $1,314 | $1,674 |
Total Monthly Payment | $1,323 | $1,389 | $1,749 |
* 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.