Bring or build your dream home on this high and dry 1 acre CORNER lot in the desirable Lake Margaret Community with NO HOA and it is NOT in the Flood Zone. Electricity is readily accessible as there are homes on the street. Located minutes from shopping, restaurants, medical facilities and boat ramps, Lake Broward, Dunn's Creek State Park, Crescent Lake, Lake George. Mud Springs, Palatka and the St. John's River. Buying Land in Florida is a solid investment for your future, build your dream home, vacation home, rental investment or let the land build value as a great long-term investment to resell for a future profit. For directional purposes the neighboring lot 145 LAKE MARGARET BLVD
Tbd Lake Margaret, Pomona Park, FL, 32181
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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