Gorgeous lake front property on a high knoll overlooking Lake Reedy. There is potential to Annex into the City limits of Frostproof and Subdivide into Eleven 1 Acre lots. This is the proposed Lot 11 on Lake Reedy. Lake Reedy is over 3600 acres, has over 13.5 miles of paved road frontage around. It is a FAA approved lake to take off and land water based aircrafts. There is a public boat ramp nearby. Loads of fishing, boating and other recreational area all around. This lot is located near the caution light along North Lake Reedy Blvd. The Lot 11 is for reference only, subject to zoning, land use approval and subdividing.
LOT 11 N Lake Reedy Blvd East Vacant Land Only, Frostproof, FL, 33843
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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