Discover your own slice of paradise in beautiful Polk County, Florida, just east of Haines City! This 2. 5-acre vacant land, zoned as 0001 vacant residential, offers a rare opportunity at an unbeatable price of $30, 000 per acre, making it the most affordable vacant lot within a 5-mile radius. Limited access via a dirt road easement via Baker Dairy Road to the south, or Eileen Lake Blvd to the east. Secluded, great for recreation and privacy. Conveniently located just 45 minutes south of Orlando and a mere 11 minutes east of Haines City. Whether you're seeking a serene rural retreat or a place for outdoor enthusiasts, this land is perfect for you. Free from wetlands, HOAs, and CCRs. While you'll need to drill a well for water and install a septic system, the investment is well worth it!! Explore the endless possibilities of this land by plugging these GPS coordinates (28. 132642, -81. 558059) into Google Maps. Don't miss this chance to own your piece of Florida's finest!
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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 | $42,000 | $42,000 | $42,000 |
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 | $279 | $279 | $354 |
Total Monthly Payment | $354 | $354 | $429 |
* 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.