Pre-Construction. To be built. Permitted and ready. Welcome to this prime vacant land parcel ready for infill on this 6.7 acre lot, with ZONING: MFR2 (18 units each acre); FLOOD ZONE X. Surrounded by development, what could be stylish and beautifully modern 69-unit Condominium on Drexel Rd. This proposed 2 story Multi-Family product will be built around luscious greenspaces. Just minutes from restaurants, retail and schools. Conveniently located in the heart of Land O' Lakes, near the intersection of Lake Patience Rd. and Land O' Lakes Blvd (U.S. Hwy. 41).
0 Drexel ROAD, Land O Lakes, FL, 34639
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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