9 acres split into two parcels of 4.46 acres and 4.54 acres. This gives you flexibility in how you use the land, whether you want to keep them separate or combine them for a larger project. The property boasts mature oaks, which not only enhance the beauty but also provide shade and character. The variation in terrain with high and dry front half and a lower back half adds interest and potential for different uses. Having an existing well and power on the property is a significant advantage. This reduces the initial setup costs and makes the land more immediately usable for building and farming purposes. With "the potential to do whatever you want," you have a blank canvas to create your dream home and mini-farm.
1223 W Lake Wales Alturas ROAD, Out of Area, FL, 33820
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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