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Build Your Dream Home on 1. 24 Acres in Cape Orlando Estates! Welcome to Cape Orlando Estates, one of East Orlando’s most desirable and fast-growing communities, also known as Wedgefield. This spacious 1. 24-acre vacant lot offers the perfect opportunity to design and build your custom home in a peaceful, nature-filled setting surrounded by other custom-built estates. The property is ideally situated on a quiet street, providing the tranquility and privacy of country living with the convenience of city access. With no required time to build and an optional HOA, you have the flexibility to create the lifestyle you envision—whether it’s a modern family home, equestrian estate, or long-term investment.
Cape Orlando Estates features an 18-hole championship golf course, a welcoming country club with a full-service restaurant and bar, and miles of scenic horse trails for equestrian enthusiasts. Residents also enjoy access to a community park with a skatepark, basketball courts, and playgrounds—perfect for active lifestyles. The highly-rated Wedgefield K-8 School is located right within the neighborhood, adding even more appeal for families.
Located just minutes from SR-528 (Beachline Expressway), this property offers quick access to Orlando International Airport, Lake Nona Medical City, Downtown Orlando, Kennedy Space Center, and the beautiful beaches of the Space Coast. Whether you’re ready to build now or looking to invest in a growing community, this is a rare opportunity you won’t want to miss.
Buyers are encouraged to verify all building requirements, zoning, and land use with Orange County.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$110,000
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 | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $556 | $578 | $737 |
Total Monthly Payment | $631 | $653 | $812 |
* 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.