Envision the endless opportunities awaiting on this expansive 18. 5-acre plot of prime real estate, ideally situated at the northwest corner of the bustling roundabout at CR 455 & CR 561. This large, flat, and entirely dry land parcel provides abundant exposure for potential development while being generously adorned with scattered trees across its vast terrain.
A distinct feature of the west parcel is the captivating Oak Hammock - a tranquil oasis showcasing the beauty of Florida's natural landscape. Imagine the serenity of your own private woodland, the gentle rustling of the leaves providing a calming soundtrack to your life.
This impressive piece of property is zoned AG, allowing for an array of agricultural uses and making it a horse-lover's paradise. Equestrians can indulge in the luxury of vast spaces for horse riding and other related activities, a rare find in such a conveniently located parcel.
Its prime location offers quick and easy access to the Florida Turnpike on/off ramp, ensuring smooth commutes and making this an ideal base for those working in Orlando or seeking to enjoy all the city has to offer. The area is also home to quality schools and a diverse selection of shopping and dining options, providing all the amenities you could wish for at your doorstep.
Whether you're dreaming of a sprawling country estate, a thriving agricultural business, or a strategic investment opportunity, this property offers the unique combination of tranquility, versatility, and accessibility. Stake your claim in this exceptional piece of land today, and bring your vision to life in this rapidly growing region of Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,804 | $4,866 | $6,620 |
Total Monthly Payment | $4,896 | $4,958 | $6,712 |
* 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.