OVERSIZED HALF ACRE LOT FOR SALE IN LAKE FRONT COMMUNITY! 0. 56 acre pie shaped lot on cul-de-sac in beautiful Walk In Water Estates in Sunny Lake Wales Florida. HIGH AND DRY, this large lot is close to power and public water lines- easy to establish power and water. Lot will need a septic system. Large oak trees, great for shade with two vacant lots on each side AND backs up to 62 acres of privately owned land. Design your lot and build your dream home! OPTIONAL property owner's association with LOW annual membership fee. Membership gives you access to the community boat ramp, party pavilion, fishing pier and park. This community features large half acre lots, offering space for storage and privacy. Located on the shores of Lake Walk In Water, a 7500+ acre lake. Enjoy fishing, boating, skiing, etc. This community is nestled in between state conservation parks- hike and enjoy Florida's natural beauty. Public boat ramp two miles south on Walk In Water Rd. 15 minute drive to Lake Wales city limits and to the town of Frostproof. 1. 5 hours from Florida beaches, 45 minutes to Winter Haven/ LEGOLAND and 1 hour to Orlando/ DISNEY. Go see this lot today!
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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 | $31,600 | $31,600 | $31,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $210 | $208 | $266 |
Total Monthly Payment | $285 | $283 | $341 |
* 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.