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MOTIVATED SELLER! Priced below market value for a quick sale! Exactly What You’re Looking For! *NO HOA. *NO CDD. Exceptional . 59 acre Commercial / Mixed Use. Prime Vacant Lot in "America’s Seaplane City" Tavares, high and dry, no turtles next door to busy Dunkin Donuts, on the intersection of State Road 19 (aka S Duncan Dr) and Lake Harris Drive (Dead River Road on West side - across the street- of SR-19), active 4 lane divided SR-19; by Dora Canal (it feeds into Lake Dora and Lake Eustis). This lot boasts two separate entrances of egress/ingress with frontage 224ft on SR-19 by Dunkin Donuts, Lion Lane frontage 113 ft, with potentially a future third entrance on Forest Drive 174 ft frontage. **MU — Mixed Use District. This district is established in order to identify and provide those geographic areas within the City that are transitioning from conventional single use areas and are appropriate for the development and maintenance of coordinated development of low intensity commercial, office, service and residential uses. The purpose of this district is to provide a mechanism which can contribute to the diversification of the area in a manner consistent with the City's Comprehensive Plan. This concept incorporates a wide range of traditional low intensity commercial uses with residential activities, which may support or otherwise relate to the economic base of the area. Generally, MU land uses include retail trade and service, office, educational, institutional and residential uses. ** Strategically situated South of US Hwy 441 (Orange Blossom Trail aka OBT) in a highly sought-after high traffic count and visibility in demand area, for official count check FDOT. Call the city Tavares with permitting questions (take note of the roof tile on Dunkin Donuts). Within minutes of shopping, restaurants, and close by specialty shops, in addition to boating ramps, executive airport, and more. AdventHeath Waterman Hospital is about 3 miles on US Hwy 441(Orange Blossom Trail aka OBT). This type of frontage at this price is rare and hard to come by. Your search is over, time to capitalize on this prime location! The vibrant community and location makes this an unparalleled opportunity for growth. Land does not depreciate and property quality is in LOCATION. . LOCATION. . LOCATION! Do your research, bring your builder, and don’t miss out! SR-19 is a main thoroughfare heading S from USHwy 441 to Howey-In-the-Hills, with quick access to County Rd 561, County Rd 48, FL Turnpike, St Rd 429 (nearly 23 miles from US Hwy 441 in Apopka S to I4 in Osceola County with more exits planned), St Rd 414 leading to other major roads minutes away. Tavares is in Mid-State Florida approximately 1 hour drive to Downtown Orlando, Orlando International Airports, East/West coast beaches, including tourist attractions like Universal and Disney World. Nearby are full size outdoor volleyball, soccer and baseball fields, even indoor climate controlled basketball, volleyball, at The Big House, a baseball field on the 3rd floor with 10 batting cages across the street from the middle school. The Lake County Chain of Lakes is renowned for hosting bass fishing tournaments and competitions throughout the year due to its reputation for producing trophy-sized bass and a prime destination for bass fishing enthusiasts. Colleges, schools, and hospitals are near by. **Survey with topography available upon request. ** Call for information on seller financing options.
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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 | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,538 | $1,537 | $1,982 |
Total Monthly Payment | $1,613 | $1,612 | $2,057 |
* 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.