This prime, 6.9 acre parcel with highway frontage and a hard corner, is a component of the 17 acre property featured at MLS No L4947253, which the seller recently decided to include separately or together. This particular parcel is the blue-shaded portion in the first photo of the combined property depicted in the second photo. With nearly a quarter-mile of frontage on County Road 630, an increasingly busy major corridor to the east, this property has tremendous commercial potential for retail, inside or outside storage, fuel/convenience, fast food, etc. See other MLS listing for additional description, but Polk County is exploding, there are only a very few routes to the east, this one avoids the congestion of Interstate 4 and its environs, is a short cut to State Road 60, and is quickly being discovered. Now is the time to get ahead of the curve and to seize this opportunity before the recorded traffic count and concomitant land values reflect this staggering growth!
Highway 630 E, Frostproof, FL, 33843
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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