12336 Bay Lake ROAD, Groveland, FL, 34736 | $400,000

Discover the endless possibilities with this expansive 7-acre property in the serene Groveland Farms! This block home, set on a sturdy 3-foot slab, ensures peace of mind with no concerns. Enjoy the luxury of your own private pool, perfect for relaxation and entertaining. The home was built for comfort and has had significant updates, including a NEW ROOF & A/C installed in 2022 and a septic system that was pumped in the same year. While the property does require some TLC, the motivated owner is eager for a quick closing, making this an ideal opportunity for those looking to create their dream oasis. PASSED 4 POINT INSPECTION FOR INSURANCE SUMMER 2024!With no HOA restrictions and the potential for only one home per 5 acres, you have the freedom to customize this space to your liking. This property also holds a piece of history, adding character and charm to your future home. Embrace the tranquility of country living while still being conveniently located near local amenities. Don’t miss out on this unique chance to own a slice of paradise!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Style: Traditional
  • Year Built: 1983
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,846
  • Acreage: 7.77
  • Est. Taxes: $2,682
  • Pool: In Ground
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: O6258146
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6258146/12336baylakeroad_groveland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/16/2024 6:19:03 AM)
Listing courtesy of HOMEVEST REALTY   Phone: 407-897-5400

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

12336 Bay Lake ROAD, Groveland, FL, 34736

$400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $320,000 $320,000 $320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $224 $224 $224
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,183 $2,127 $2,744
Total Monthly Payment $2,482 $2,426 $3,043

* 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.