8005 N Cherry Lake Groves ROAD, Groveland, FL, 34736 | $909,000

Experience the epitome of Central Florida living with this exceptional lakefront estate opportunity nestled in Groveland, Florida. Spanning 25 acres, this picturesque property boasts an idyllic setting, blending serene lakefront vistas with lush citrus groves, including grapefruit and oranges.

Craft your dream retreat amidst the tranquil surroundings of your private lake, offering a sanctuary for wildlife, including ducks and geese. Strategically positioned between the vibrant communities of Clermont and Groveland, this property provides unparalleled convenience while ensuring a peaceful escape from the hustle and bustle of city life.

Ideal for discerning individuals seeking a hobby farm or self-service picking venture, this parcel presents limitless possibilities without the constraints of an HOA. Essential utilities, including electricity, are readily available on-site, complemented by existing infrastructure such as a well, septic system, and a spacious equipment barn, facilitating seamless development and operation.

Presented as a bundled offering, the entire 25-acre expanse is exclusively available for acquisition, providing a rare opportunity to own a slice of Central Florida's natural beauty. Don't miss your chance to make your vision a reality – seize this remarkable property for a listing price of $998, 000.

Features

  • Lot Size: 439 x 1333
  • Elem. School: Groveland Elem
  • Middle School: Gray Middle
  • High School: South Lake High
  • MLS#: O6182025
  • Days on Market: 217 days
  • Website: https://www.raveis.com
    /prop/O6182025/8005ncherrylakegrovesroad_groveland_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 11/5/2024 2:34:05 AM)
Listing courtesy of AAA GLOBAL VENTURES PA   Phone: 407-717-5232

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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
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Our Insurance Division:

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8005 N Cherry Lake Groves ROAD, Groveland, FL, 34736

$909,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $727,200 $727,200 $727,200
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 $4,596 $4,656 $6,335
Total Monthly Payment $4,688 $4,748 $6,427

* 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.