OWNER WILL FINANCE!!! Huge, oversized parcel is almost 1/2 acre (.45 acre). Like getting 2 lots in one! Frontage is on a nice, paved road. Highlands Park Estates is an established subdivision just a couple of miles East of the Town of Lake Placid. This location gives a private feel, but there are homes nearby. There are also many state owned preserved parcels in the proximity. Lake Istokpoga, a 27,000+ acre freshwater wilderness lake is just blocks away. There is a park with a dock and a clubhouse that can be rented for events. There is also another park, Windy Point, which has ample paved parking, public boat ramp, picnic pavilions, and nature observation area. School bus stops nearby this parcel. In five minutes you will be in the heart of Lake Placid, with shops, restaurants, churches, banks etc. OWNER WILL FINANCE!!! $4,000.00 DOWN $460.07 PER MONTH FOR 36 MONTHS @ 7% INTEREST.
505 Hallmark Avenue, 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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