Prime Residential Vacant Land on Lake Down, Windermere, Florida. Nestled in the desirable enclave of Windermere, Florida, awaits a rare
opportunity to claim your slice of paradise. Presenting a newly, unanimously approved by the Town of Windermere, lakefront lot of residential
vacant land spanning a generous 5. 55 acres, this property boasts unparalleled potential for crafting your dream waterfront retreat. Situated along
the tranquil shoes of Lake Down, one of Central Florida's most coveted chain of lakes, this premier lot offers breathtaking panoramic views and
endless possibilities for luxurious lakeside living. With ample space to bring your architectural visions to life, this blank canvas invites you to
design a custom-built masterpiece tailored to your unique desires. Whether envisioning a sprawling estate enveloped in lush landscaping or a
contemporary oasis boasting sleek lines and modern amenities, the canvas is yours to paint. Embrace a lifestyle defined by serenity and
sophistication, where weekends are spent boating, fishing, wakeboarding, sunsets, right from your backyard. Don't miss this extraordinary
opportunity to secure your foothold in one of Florida's most sought after locations. Seize the chance to transform your vision into reality and own a piece of Windermere's unmatched waterfront allure. Act now to make this coveted slice of Lake Down yours and embark on a journey of
waterfront living at its finest. NOTE: The images provided are for illustration purposes only. They are intended to give a general visual representation of what the property can look like and may not accurately reflect the actual product.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,975,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,580,000 | $1,580,000 | $1,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,117 | $10,248 | $13,872 |
Total Monthly Payment | $10,242 | $10,373 | $13,997 |
* 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.