Investor Special! This prime Winter Park property is perfect for those looking to build a new custom home in a highly sought-after location. Positioned on a spacious lot with no HOA restrictions, this block-constructed home is ready for a fresh start. Currently configured as a 4-bedroom, 1-bath, it was originally a 3-bedroom, 2-bath layout, and the second bathroom's plumbing remains intact, allowing for easy adjustments. With its open floor plan and split layout, the property provides an ideal foundation for reimagining the space or starting anew.
This location is unmatched, zoned for top-rated Winter Park schools — Lakemont Elementary, Maitland Middle, and Winter Park High School — enhancing the future value of any new construction. The generous backyard offers space for a modern build with a pool, outdoor living, or whatever your vision holds. Plus, the oversized, powered shed in the yard is perfect for on-site storage during construction.
Seize this rare opportunity to create a dream home or high-value investment in Winter Park. Whether building from the ground up or reconfiguring, this property is a blank canvas in a thriving community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,610 | $1,569 | $1,990 |
Total Monthly Payment | $1,685 | $1,644 | $2,065 |
* 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.