3. 61 +/- Acres of Commercial Property Directly on SR 19 Frontage. Future Land Use is VMU (Howey-In-The-Hills Village Mixed Use). According to the city this permits multiple uses, including maximum of 6 dwelling units per acre. Multiple commercial uses permitted. Approximately 2. 9 + /- acres of the property is in the 100-year floodplain. The current PUD on record for the property MISSION RISE has expired, therefore, a new PUD would need to be applied for. This listing is for Parcel02-21-25-0002-000-00500. Parcel 02-21-25-0002-000-04900 sold.
Location: On the West Side of SR 19, South of Revels Rd, Adjacent to Lake County on the South Side. This is a Hot area, New 22 Million Dollar Bridge is completed, connecting Tavares area and Howey-In-The-Hills on SR 19 over Little Lake Harris bridge. *All information is provided by the seller. PLEASE NOTE THIS LISTING REFERS TO LARGER PARCEL IN PICTURES, NOT BOTH PARCELS AS SMALL PARCEL SOLD.
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.282% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,879 | $1,833 | $2,351 |
Total Monthly Payment | $1,954 | $1,908 | $2,426 |
* 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.