OWNER WILL FIANANCE!! 3K DOWN!! 404.69 A MONTH FOR 48 MONTHS AT 7%!! Discover an excellent opportunity to own a versatile ¼-acre corner lot! single family zoned lot in the heart of Lake Placid—the renowned Caladium Capital of the World. This property offers the ideal blend of privacy, convenience, and future potential. The lot has already been partially cleared, giving buyers a head start on development while still preserving natural surroundings. A well has been drilled, requiring only a pump and electric hookup to be fully operational—an outstanding value-add for anyone planning to build, place a manufactured home, or establish a seasonal retreat. Even better, the property comes with a completed survey, saving time and money as you move forward with your plans. Situated in a peaceful area just minutes from Lake Placid’s charming downtown, local lakes, parks, shops, and the vibrant caladium culture the town is famous for, this parcel provides both tranquility and accessibility. Whether you are an investor, builder, or future homeowner, this property delivers the flexibility and readiness you need to move forward with confidence.
216 Silver Court, Lake Placid, FL, 33852
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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