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** Possible Owner Financing****
Creative and or Flexible financing is an option.
2. 62-Acre Versatile Lot – Prime Location in Winter Haven, FL!
?? Address: 0 Hwy 542 W, Winter Haven, FL 33880
?? Size: 2. 62 Acres
?? Asking Price: $125, 000
?? Zoning: Commercial (Borders Residential, Agricultural, Sports Complex, Government, Race Track & Industrial)
Endless Development Potential!
This strategically located 2. 62-acre lot offers incredible flexibility for investors, developers, and landowners alike! Previously pre-approved for 15 units per acre of affordable multifamily housing, this is an excellent opportunity to develop income-producing property.
?? Business or Multifamily Housing: Capitalize on the flexible zoning to build a commercial business, retail space, or high-demand multifamily housing.
?? Agricultural or Residential Use: Want lower property taxes? Rezone to agricultural, build your dream home, and enjoy privacy while still being close to everything.
?? High-Growth Area: Surrounded by diverse developments, including a sports complex, government office, racetrack, industrial, and residential properties—the possibilities are endless!
Don’t miss this rare opportunity to secure a versatile piece of land at an unbeatable price!
?? Text Kevin at 813-760-1952 today for more details!
There is a main house with an in law suite for sale on Parcel 25-28-23-000000-043030 bordering this parcel with the same owner
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $576 | $631 | $817 |
Total Monthly Payment | $651 | $706 | $892 |
* 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.