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Come enjoy the incredible freedom of country living! This 2. 51 acres interior lot is buildable and is the second to last lot on a dead end street which borders Lake Wales Ridge State Forest. Living on the Lake Wales Ridge, you will appreciate the lovely breezes, gorgeous sunrises/sunsets, amazing night skies, and plentiful wildlife. This property is located in the community of Tiger Creek Groves which is encapsulated by Tiger Creek Preserve (conservation lands) and the Lake Wales Ridge State Forest, creating a buffer from the crowding and overbuilding which many communities find themselves facing today. NO HOA and the zoning is residential/agricultural so you are free to have farm animals, including horses! There was a previous manufactured home on the lot years ago, so there is already an electric pole and service run to the property and a capped well that may also be usable (Buyer to investigate). The adjacent property which borders the forestry lands (2. 49 acres) is also for sale if you desire a full 5 acres to call your own! Schedule a private showing today to see all of this property's beautiful possibilities for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $271 | $289 | $365 |
Total Monthly Payment | $346 | $364 | $440 |
* 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.