Incredible value awaits with this enchanting 5-acre parcel, adorned by majestic woodlands. A true gem nestled in the serene countryside, this property is a rare discovery. Just moments away from the shores of West Lake Tohopekaliga, one of Florida's most coveted lakes renowned for its world-class fishing. Enjoy the convenience of a community boat ramp, a mere stone's throw from your future home, offering easy access for your boat adventures. Design your dream home without constraints, as you are free to select the builder of your preference. Embrace the freedom of no HOA restrictions. This location provides a seamless drive to Orlando and its famed theme parks via the turnpike, while the pristine beaches of the East Coast are within a short, scenic drive. Secure your appointment today to explore the endless possibilities of this captivating lot in the tranquil Kissimmee Park area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$380,000
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 | $304,000 | $304,000 | $304,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,100 | $1,997 | $2,545 |
Total Monthly Payment | $2,175 | $2,072 | $2,620 |
* 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.