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Under contract-accepting backup offers. MILLION DOLLAR, SPECTACULAR VIEWS WITH 5. 01 RESIDENTIAL ACRES. Sunsets every night with gorgeous views. WELCOME TO YOUR MOUNTAIN OASIS in the heart of Florida with 5. 01 BUILDABLE ACRES! Near the peak of Sugarloaf Mountain, this is the perfect place to build your Destination Dream Home in Clermont. Star with a blank canvas and build your estate home or farm, with a completely fenced in lot with gates. All land is high and dry. Current use is a 200-yard gun range. The gentle slope enhances safety, with targets every 25 to 50 yards. Rare opportunity to have your own private gun range in this area. Quick and simple access to Disney Resorts, Universal Studios, Orlando International Airport, Montverde Academy, Gulf Coast beaches and Daytona Beach. Lot is partially cleared and ready for construction. There are NO HOA fees. Adjacent parcels are available as well, including a 7. 5 acre mostly cleared lot, sloped to perfection (Lake County Property Appraiser alternate key (1027659), and a 5 acre parcel to the south with a 5 bedroom, 4. 5 bathroom home (alternate key 3354257).
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 | $396,000 | $396,000 | $396,000 |
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 | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,471 | $2,601 | $3,315 |
Total Monthly Payment | $2,546 | $2,676 | $3,390 |
* 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.