CLERMONT - 22. 5 ACRES IN EXCELLENT LOCATION - Escape to the serene beauty of lush, wooded acreage; a mix of wetlands and approximately 8-9 acres dry on the bottom portion per the seller, nestled to the west of an orange grove in highly desirable southern Clermont, Florida, and so close to Disney World! This huge parcel offers much potential. An opportunity for owners, investors and developers alike. Two-year owner financing is available. This acreage provides a scenic, and tranquil setting, with a private pond abutting the property. Owner motivated! Proximity to a vibrant luxury horse community, including Disney executives as owners adds to the allure, offering an attractive proposition for equestrian enthusiasts. Only a short drive from Route 27, this property holds significant appeal for those looking to invest in this thriving and growing tourism sector. The property is bordered by Boggy Marsh Rd on the eastern side, offering a successful history of road access. However, arrangements with neighboring owners is necessary to reestablish this access. It's your option to unlock the full potential by pursuing a Zoning change and developing residential units, if applicable, catering to the growing demand in the area, agricultural usage, or use your imagination! Don't miss out on this rare opportunity to own a substantial piece of the American Dream in a sought-after location. Current zoning is 1 house on 20 acres. Less than 2000 feet away is a gates horse community with 2-5 acre lots. 30 year lender financing available to qualified buyers or 2-year Seller financing. Sold AS-IS. Buyer to confirm all information, please. Completed hold harmless required to view property.
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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 | $239,920 | $239,920 | $239,920 |
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 | $1,596 | $1,595 | $2,023 |
Total Monthly Payment | $1,671 | $1,670 | $2,098 |
* 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.