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1205 Orange AVENUE, Winter Springs, FL, 32708 | $7,500,000
Explore an Exceptional Development Opportunity in Winter Springs - 1205 Orange Ave
Unlock the potential of this prime vacant land nestled in the heart of Winter Springs. Boasting a coveted location, this rectangular-shaped property presents an ideal canvas for visionary developers aiming to craft a dynamic, large-scale residential community. Formerly slated as the Artesian Park at Winter Springs townhome subdivision, this site is primed for transformation into a thriving living space.
This property has already received the nod of approval from prominent names like Mattamy Homes and Pulte Homes. Building upon their success, seize the opportunity to capitalize on the momentum created by nearly sold-out projects and those freshly breaking ground. With an initial project gaining impressive traction and another just commencing construction, the stage is set for New Construction Sales to flourish.
Set against the backdrop of Lake Jesup, this property offers a unique proposition with the potential for captivating second-story views, enhancing the daily lives of future residents with serene panoramas. A distinctive feature is its remarkable walkability, seamlessly connecting to the town center shopping district, local high school, and scenic trails. Families and individuals seeking convenience and access to amenities will find this location irresistible.
Situated along the southern flank of Orange Avenue, the property's proximity to Winter Springs High School and Lake Jesup positions it as an attractive choice for families . Notably, a mere two-mile distance eastward leads to the pivotal SR 417/SR 434 interchange, facilitating effortless citywide and beyond-city commuting.
Unveil a world of possibilities as you consider this vacant land. Here, the opportunity awaits to cultivate a vibrant residential haven in Winter Springs. With its strategic location, potential for captivating lake views, and unparalleled walkability, this property stands as a beacon, alluring an eclectic array of buyers and astute investors alike.
Features
- Lot Size: 495*493*731*641
- Lot Desc: Buildable, Central Business District, Curb and Gutters, Drainage Canal, City Lot, In County, Near Marina, Oversized Lot, Street Lights
- MLS#: A4568727
- Days on Market: 148 days
- Website: https://www.raveis.com
/prop/A4568727/1205orangeavenue_wintersprings_fl?source=qrflyer
Listing courtesy of LOKATION Phone: 954-545-5583
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1205 Orange AVENUE, Winter Springs, FL, 32708
$7,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $6,000,000 | $6,000,000 | $6,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $40,423 | $39,416 | $53,095 |
| Total Monthly Payment | $40,548 | $39,541 | $53,220 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388