Commercial Lot in a Strategic Location in the Center of Mount Dora! Excellent opportunity to acquire a commercial lot with great visibility, just a few steps from the charming historic center of Mount Dora. Located on Lincoln Avenue, this 10,000 Sqft (0.23 acre) lot is zoned as C-1 (Commercial), allowing for various uses such as shops, offices, or mixed-use developments. The street has a large flow of both vehicles and pedestrians, making it ideal for investors or entrepreneurs looking to establish a presence in one of the fastest-growing cities in central Florida. All utilities are available nearby. Perfect for building now or investing for future appreciation — a strategic location with high potential!
513 LINCOLN AVENUE, 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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