Under contract-accepting backup offers. LAND and no HOA! Previously a family-owned farm. Endless possibilities for this amazing land. This one of a kind 3 acre property boasts great opportunities. Live off the land and create your perfect garden. Property comes with an abundance of fruit trees: Banana, Peach Olive, Grape Starfish, Papaya, Morning, Lime, Avacado and Pomegranate! The home currently located on property could be torn down to provide even more agricultural space or build your own perfect home. The property also features a barn, circular paved driveway, gazebo, pasture, pizza oven, fire pit, and NO HOA restrictions. FRUIT Trees! Zoned Agriculture, this unique property offers endless possibilities for living, working, and entertaining in a great location. Don't miss out on this rare opportunity to own a truly special piece of real estate! Close to supermarket, restaurants, shopping and so much more. Down the street from Historical Downtown Lake Mary with park and weekly Farmer’s Market. Then you have the convenient SunRail taking you around Central Florida. Excellent A-Rated Seminole County Schools. Location, Location, Location. Welcome Home and book your private viewing today before it is too late! Also listing in Residential; home could be a tear down.
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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** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,866 | $4,866 | $6,673 |
Total Monthly Payment | $4,958 | $4,958 | $6,765 |
* 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.