Multi-Family / Commercial Opportunity - 1.75+/- Acres (1.2+/- acres uplands) on Crown Lake fronting Dora Ave & visible from US Hwy 441. Site adjoins the Kohl's shopping Plaza on US Hwy 441. Location is mix of busy retail, commercial and medical professional with award winning AdventHealth Waterman Hospital just a few blocks away. Located within the city of Tavares & minutes to the Lake County Courthouse and other government offices. Property is zoned RMF 2 / residential multi-family 12 units per acre with water and sewer available. All information is believed to be accurate and correct but not guaranteed or warranted and subject to change without notice
0000 DORA AVENUE, Tavares, FL, 32778
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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