1541 HANDLEMAN DRIVE, Oviedo, FL, 32765 | $680,000

View NEW Virtual TOUR! True Waterfont land in an amazing location. Walk round and envision where your NEW custom home can be built. One acre recently mulched along the waters edge. Rest is wild and true Florida! Major Price reduction! Owner sells SELL! GO TO THE PROPERTY AND WALK IT to see the real FLORIDA beauty of this land. Over 369ft of lakefront frontage on a spring fed lake lined with Cypress Trees. Now is your chance to build an estate home in a no HOA community that is very close in. One-of-a-kind property. 10 ACRES ON THE WATER! Are you looking for land to build a multi-Million dollar one of a kind WATERFRONT Estate in the heart of one of Central Florida's communities? This entire area is surrounded by executive homes that people don't even know about. This property has high spots and low spots (Less to MOW) and is easily accessible by foot. Most of the acreage has lots of underbrush but as you drive down the street you can see the potential and possibilities it holds. Oviedo is one of the most amazing and top-rated communities in the Central Florida area. This little pocket of large properties is one of the BEST KEPT SECRETS in Orlando! Rare Find of true paradise Acreage. When only the Sandy soil and Pines will do for your CUSTOM HOME SITE! HO HOA, Private area of horse farms and Estate home in the heart of Oviedo. SEE VIDEO from the air. This Lakefront Parcel is tucked away from civilization in an incredible location. A "Must DRIVE by" location, this area is a private enclave of Million Dollar Custom homes located in the fast-growing Oviedo. Bring your horses and ride among the pines. Country living yet close to all of your amenities. Build your own private WATERFRONT estate on this amazing parcel of land. Nature abounds throughout the approximate 8+ acres of dry land (No Flooding during Ian) plus riparian rights where your land extends out into the lake under the water. On this land you will find an abundance of live oaks, pine trees, saw palmettos and other Florida wildlife such as deer and turtles. The only sounds you'll hear are the wind blowing through the trees, osprey and eagles chirping. LOCATION! The property is less than 10 minutes to the 417, 15 minutes to UCF, however it's surrounded by executive custom properties. Shoreline is around 400 ft of water frontage on Lake Cypress is a true dream. Enjoy the water sports on the lake for now or hold onto the property until you can find out what is the right custom home builder for you. This area is one of the best kept secrets in Oviedo. The minute you hit McCullough and drive to your home you will feel the stress melt away. They are not making any more waterfront land, especially not 5 minutes from the 417 and moments to UCF, Research Park and the Engineering Corridor in one of Central Florida's greatest Cities! Build yourself a dock for now and use the property for your boating and party needs and wait to build your family compound later! Bring us an offer. Last lot on this private Lake. Drive down to the last sign on the east side of the property and park right there by the sign and get out an take a look. You will be very pleased you did. Bring us an offer!


  • Lot Size: 518x157x120x100x174x150x283x
  • Lot Desc: Buildable
  • Elem. School: Evans Elementary
  • Middle School: Tuskawilla Middle
  • High School: Lake Howell High
  • Pet Policy: Yes
  • MLS#: O6033899
  • Days on Market: 499 days
  • Website: https://www.raveis.com
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 11/30/2023 9:32:12 PM)
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO   Phone: 407-622-2122

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953



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1541 HANDLEMAN DRIVE, Oviedo, FL, 32765


Customer Service

William Raveis Real Estate

Phone: 888.699.8876


Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300


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 $544,000 $544,000 $544,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.000% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.932% 7.169% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,711 $3,619 $4,702
Total Monthly Payment $3,803 $3,711 $4,794

* 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.