3.11 +/- acres per 2008 survey with 870’ frontage on SR 44. Excellent visibility, less than a mile to The Villages. Located east of CR 468, MorseBlvd. and The Villages BOOMING expansion area. Lake Deaton Plaza is 1.5 miles west of this location with Publix, Campus USA Credit Union,Walgreens, Chase Bank, Piesanos Stone Fired Pizza, Circle K and more. Property is an out parcel to entrance of Pennbrooke Fairways, with 1,200 homes on 538 acres, a 55+ community. City utilities nearby and community water possibility. FLU Codes: Rural Transition, Zoning: CP Planned Commercial. AADT 25,000 cars per day (FDOT).
605-625 STATE ROAD 44, Leesburg, FL, 34748
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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