OVER 11 acres of peace and tranquility in the unique estate in Lake Wales, FL. Over 200 feet of waterfront property on Tiger Lake, which is known for its exceptional fishing of Largemouth Bass, Bluegill, and Black Crappie, is connected to Lake Rosalie, Lake Kissimmee and the Kissimmee Chain of Lakes! You can even follow the Kissimmee River all the way to Lake Okeechobee! This lakefront estate is paradise to fishers, airboaters and outdoor enthusiasts alike. This 2419 SF home built in 2004 is waiting for a new owner to make it theirs. The gorgeous kitchen boasts beautiful wood cabinets and granite counters. The primary suite offers two large walk-in closets and a well-appointed bath with dual vanities, spacious shower, and access to the lanai. Upgrades include the AC installed in 2024, hot water heater 2023, roof 2024, pool pump 2024 and more. The gorgeous oaks make the views to the lake look like you are in a park. The boat dock has dual lifts, covered area and electric. Possibly the most amazing feature of this estate is the over 3750 SF concrete workshop/barn with a kitchenette, bath and office/work space that could be used for an avid collector, business owner, or whatever your heart desires. The possibilities in this estate are endless. Call today for your exclusive showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,920 | $1,119,920 | $1,119,920 |
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 | $1,014 | $1,014 | $1,014 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,264 | $9,833 |
Total Monthly Payment | $8,310 | $8,403 | $10,972 |
* 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.