Welcome to 816 Waterfern Trail Dr, Auburndale, FL 33823 – an exceptional vacant land lot spanning 0. 27 acres in the beautiful gated community of Water Ridge. This lot offers a unique opportunity to build your custom dream home with a front facing northeast and a rear facing southwest, perfectly positioned to enjoy stunning sunsets over Lake Van. Enjoy the security and exclusivity of Water Ridge with the flexibility to design and construct your ideal home. The community features two pools, including an Olympic-sized pool for laps, private boat ramps onto Lake Van and Lake Alfred, a community boat and trailer storage parking lot, tennis courts, pickleball courts, a fitness center, a sauna, and a clubhouse. Sidewalks throughout the community and underground utilities ensure a pleasant and practical living environment. Benefit from the absence of Community Development District fees and the presence of beautifully designed custom homes. Public sewer and water are available. A short drive to I-4 provides easy access to Orlando and Tampa, while being close to Publix and various shopping and dining options. Experience the serene and upscale lifestyle of Water Ridge. Whether you're looking to build your forever home or an investment property, this lot offers endless possibilities. Contact us today for more information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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 | $116,000 | $116,000 | $116,000 |
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 | $772 | $771 | $978 |
Total Monthly Payment | $847 | $846 | $1,053 |
* 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.