In fill vacant land in the City of Mount Dora conveniently located off of CR19A very close to US HWY 441 central to the Golden Triangle Market. Property is currently zoned for residential development but previously had a commercial PUD approved allowing up to 100,000 square feet of commercial warehouse type development. It is possible that the city would entertain a rezoning similar to the previous PUD or other uses subject to rezoning may be multi-family or ACLF. Seller will allow adequate time for buyer to pursue rezoning with the city. The city is eager to see this property get developed. Property is accessed via a 50 foot dedicated easement off of 19A.
Subdivision:
VILLAGE GROVE UNIT 01
Utilities
BB/HS Internet Available, Cable Available, Electrical Nearby, Phone Available, Sewer Available, Water Available, Water Nearby
Lot Description:
Buildable, City Lot, Near Public Transit, Street Dead-End
Elementary School:
Triangle Elem
Middle School:
Mount Dora Middle
High School:
Mount Dora High
CODDING PLACE, Mount Dora, FL, 32757
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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