International DRIVE, Orlando, FL, 32821 | $315,000

Take a look at this vacant land potential for housing or a commercial project located off of International Drive. Currently listed up to 90+ contiguous acres with a possibility of another 15 additional acres. At the very south edge of I-Drive with easy access to State Road 417 (Green Way) with easy arrival to Orlando International Airport in just under twenty minutes. To the north to access Interstate 4 (I-4), the central corridor of the state. Twenty-five (25) miles northeast of these vacant land parcels is downtown Orlando and heading west, in just an hour, you can be in Tampa, Florida. World famous Walt Disney World Resort and its theme parks are located less than five (5) miles from these vacant land parcels while the Orange County Convention Center is conveniently located 6 miles north. In addition, the Brightline Rail System from Orlando International Airport to Disney will be just to the south of this property and anticipated completion in 2023. A lot of potential for a commercial opportunity with this area–call Mike--today to find out more!

Features

  • Lot Desc: In County, Wooded
  • Pet Policy: Yes
  • MLS#: O5559783
  • Days on Market: 1954 days
  • Website: https://www.raveis.com
    /prop/O5559783/internationaldrive_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/4/2024 1:34:30 AM)
Listing courtesy of EXP REALTY LLC   Phone: 407-204-1111

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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International DRIVE, Orlando, FL, 32821

$315,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.292% 6.623%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,719 $1,698 $2,178
Total Monthly Payment $1,794 $1,773 $2,253

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.