Lot 45 Canal Ct, Lake Panasoffkee, FL, 33538 | $25,000

No Septic Needed! Sitting on a corner inside the peaceful rivers edge estates is a beautiful, flat, and cleared lot just waiting to be used. At a modest 57x100ft you can have a yard of your own while still providing easy maintainability. With a monthly HOA fee of $70 providing sewer and trash, and public water starting at $15/mo, this lot is the definition of affordable living. All this while being far enough away from the noise and congestion of the city, yet still being a short drive from stores, entertainment and more. The Town of Lake Panasoffkee offers an A+ Elementary School, Amazing Local Restaurants, and a true spring fed lake that is one of Florida's best hot spots for large mouth bass, bluegill, sunfish, and catfish. Enjoy rural living while being minutes from I-75, allowing easy commute to Orlando, Gainesville, Tampa, and the Villages.

Features

  • Lot Size: 57 x 100
  • HOA Fee: $70 Monthly
  • Elem. School: Lake Panasoffkee Elementary
  • Middle School: South Sumter Middle
  • High School: South Sumter High
  • Pet Policy: Number Limit, Size Limit, Yes
  • MLS#: G5084719
  • Days on Market: 98 days
  • Website: https://www.raveis.com
    /prop/G5084719/lot45canalct_lakepanasoffkee_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 11/23/2024 1:47:08 PM)
Listing courtesy of FLORIDA REALTY INVESTMENTS   Phone: 407-207-2220

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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

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Lot 45 Canal Ct, Lake Panasoffkee, FL, 33538

$25,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $20,000 $20,000 $20,000
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 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $133 $133 $171
Total Monthly Payment $208 $208 $246

* 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.