HUGE PRICE IMPROVEMENT on this BEAUTIFUL 6. 79 ACRE FLORIDA LOT ~ Located in the highly sought after CHAMPIONS GATE, HAPPY TRAILS COMMUNITY. BUILD and DESIGN YOUR DREAM HOME. This lot is ideal for building your primary home or a second Florida home due to its location to both coasts of Florida. The seller has a wet land delineation that was completed in March 2022 and a geotechnical soils report that was completed in June 2023. Per the HOA documents, the lot use includes a single family residence and 3 small one-story accessory buildings which may include a detached garage and/or guest quarters, barn or stable and/or utility building. PEACE AND SERENITY surrounds you in the HAPPY TRAILS COMMUNITY, IT HAS OLD FLORIDA CHARM yet close to everything you and your family needs. This LOT is in an EXCELLENT LOCATION, just a short drive to Disney, Universal, Sea World and other major attractions for your entertaining pleasures or for everyday living, this community is close to shopping, restaurants, schools, medical facilities, golf courses and so much more. For buyers looking for land to build a custom home but still want to be near everything this is the lot and community for you. Happy Trails is a beautiful equestrian neighborhood of custom homes with a minimum lot size of five acres. Additional features to this community include LOW HOA DUES, gated community and no manufactured homes allowed as residences, HIGHLY MOTIVATED SELLER.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,964 | $1,962 | $2,489 |
Total Monthly Payment | $2,039 | $2,037 | $2,564 |
* 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.