For Sale: One-half acre buildable lot with access to beautiful Lake Walk-in-the-Water located in Indian Lake Estates, a residential community on the outskirts of Lake Wales. Lake Walk-in-the-Water is a 7500 acre lake that offers the best bass fishing with the longest freshwater fishing pier in the State of Florida. Along the lake there is a beach, boat marina, boat ramp, and lakefront pavilion with grills and covered picnic tables. Aside from trophy fishing and boating, the community has deer, turkeys, cranes, and all kinds of birds that come in during different times in the season to nest in the gorgeous trees in the community. For those who prefer to golf, the community has a nice 18-hole golf course and a pro shop. For sports enthusiasts, the community also has a fitness room, a basketball court, a tennis court, pickle ball, and skiing. The 23, 000 sq. ft. clubhouse is available to the residents for entertaining. There is also a Cafe', Post Office, Religious Center, and a Library. This community is designed for those who enjoy living year round in Florida. Between the Atlantic Ocean and the Gulf of Mexico there is no better place than this one to build your home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$27,000
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 | $21,600 | $21,600 | $21,600 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $144 | $142 | $182 |
Total Monthly Payment | $219 | $217 | $257 |
* 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.