DRASTIC PRICE IMPROVEMENT ALONG WITH EXTENSIVE INTERIOR RENOVATIONS!! Combine country living with the advantage of modern and upgraded systems in this one-of-a-kind home and land in eastern Central Florida. This listing encompasses over 30 acres of unspoiled and pristine land, including a 2. 5 acre homesite with a beautiful, custom-designed home of over 6, 000 square feet. The possibilities are ENDLESS. There are six over-sized bedrooms, two on the main floor of the home. The huge primary bedroom is located on the second floor and looks out on the beauty of the land with room for a reading/sitting area within the bedroom. All 5 bathrooms are being completely remodeled. The interior of the home is being completely repainted. The plumbing in the home is being completely replaced. There are also brand new water heaters and electrical panels. The living/family room has a towering 27’ ceiling with a unique wood-burning fireplace that adds a warm and inviting atmosphere into the home. The garage is enclosed to make a home office, play room or even an in-law suite. Or it can be converted to hold an RV or boat. Roof 2018, the well was updated with new pipes 2022, septic updated 2017. The home is located close to both the east coast attractions (beach, Kennedy Space Center) and also Seminole county shopping/dining, plus the Waterford Lakes town center. Zoned for top-rated Seminole county schools.
**NOTE** - Home cannot be shown until all upgrades are complete and workers are finished. Completion date is later November. Property can be viewed but do not attempt to enter the house. Aerial photos will be added to the listing within the next week. Please call with any questions. There are TWO parcels in this listing that will be sold together
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,684 | $10,536 |
Total Monthly Payment | $8,187 | $8,187 | $11,039 |
* 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.