3106 Bright Lake CIRCLE, Leesburg, FL, 34748 | $399,000

Welcome to Clearwater Reserve and your opportunity to build your dream home on this beautiful waterfront homesite in a wonderful GATED community. This lot is 25. 83 acres with 4. 7 acres buildable and 21. 13 acres of pasture/conservation area/wetlands. All lots in this development are surrounded by protected wetlands, open spaces and conservation areas that give you privacy while being within a community. Bright Lake Circle is on a cul-de-sac adding the additional peace of not having through traffic. Bring your builder and create your custom home! The home must be 2, 000 sq. ft. minimum, but there is no timeframe to build. The development has fiber optic cable and underground utilities to give your builder the start they need.

Clearwater Reserve is horse friendly, and offers a boat ramp and dock, fishing lake, tennis courts, and playground, with excellent golf courses, parks, and shopping nearby. The community is close to Highway 27, the Florida Turnpike, Harris Chain of Lakes, downtown Groveland, Leesburg and Clermont. If you are looking to be close to all Central Florida has to offer while living is the serene calm of Florida's nature at it's best, look no further and schedule your private showing today.

Features

  • Amenities: Tennis Court(s)
  • Lot Size: 475 x 1357.59 x 1324.04 x 650
  • HOA Fee: $1,000 Annually
  • Lot Desc: Buildable, Conservation Area, Cul-De-Sac, Near Public Transit
  • Elem. School: Leesburg Elementary
  • Middle School: Oak Park Middle
  • High School: Leesburg High
  • Pet Policy: Yes
  • MLS#: O6168889
  • Days on Market: 203 days
  • Website: https://www.raveis.com
    /prop/O6168889/3106brightlakecircle_leesburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 6:06:09 PM)
Listing courtesy of LOMBARDI LEMAY REALTY   Phone: 407-509-2911

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

3106 Bright Lake CIRCLE, Leesburg, FL, 34748

$399,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,124 $2,097 $2,692
Total Monthly Payment $2,199 $2,172 $2,767

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.