Beautiful Lot for sale in the exclusive gated community of Garden City in Groveland, Florida, the property presents an unparalleled opportunity for those seeking to build their dream home in a prestigious locale. This 0. 75-acre elevated lot is not just a piece of land; it's a canvas awaiting the strokes of your vision. Surrounded by natural beauty and nestled amidst upscale homes, it offers the ideal setting for crafting a residence that reflects your style and preferences.
The exclusivity of a gated community ensures a sense of security and privacy, while the surrounding stunning homes contribute to an atmosphere of refinement and desirability. With the freedom to bring your own builder, you have the flexibility to manifest your dream home precisely as you envision it.
The minimum building requirements, including 3000 square feet of living area under air, a tile roof, and the option for up to a 2-story home, set a standard for architectural excellence. Moreover, with electricity and City Water already available on the lot, the building process is streamlined, saving you both time and effort.
Furthermore, the meticulously maintained and cleared lot, prepared and ready for construction, eliminates the hassle typically associated with land preparation. This means you can focus your energy and resources on the creative aspects of building your home.
Despite its tranquil surroundings, this property doesn't compromise on accessibility. Just 45 minutes from Orlando International Airport, Walt Disney World, and other major attractions, and with easy access to Florida's Turnpike and HWY 27, it strikes the perfect balance between serenity and convenience.
In essence, this elevated lot in the Garden City gated community offers not just a place to build a home, but a lifestyle of luxury, comfort, and convenience. It's an opportunity to create a sanctuary that harmonizes with both nature and modern living, making every day a masterpiece in your dream 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:
$148,900
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 | $119,120 | $119,120 | $119,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $793 | $792 | $1,021 |
Total Monthly Payment | $868 | $867 | $1,096 |
* 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.