34135 Cardinal LANE, Eustis, FL, 32736 | $7,560,000

This 189 ACRE PROPERTY is the only larger parcel currently available in North Lake County. This property is located next to the gated community of Sorrento Springs and its Eagle Dunes Golf Course, and minutes away from Mount Dora, Eustis and Tavares. Road frontage is estimated to be almost 2600 feet as it sits on the corner of Cardinal and SR 44. The land is gently rolling in some areas, flat in most others, and is all high and dry with the exception of about 3 acres in the southwest corner. There are two entrances to the property off Cardinal and a turn lane from SR 44 when traveling west. The property is about a half mile from the Publix shopping center on the corner of CR 437 and SR 44. The property perimeter is fenced and there is one grove of trees on the central east side of the property. There is a warehouse and office building that was once used for horticultural purposes but the business is no longer operational. It's an easy commute from here to all parts of Central Florida as the new Hwy 429 beltway is minutes away to the south. Make your appointment today for a private tour of the 2 combined parcels of land that make up this unique North Lake County property.

Features

  • Lot Size: Irregular
  • Lot Desc: Buildable, Cleared, Corner Lot, In County, Near Golf Course, Oversized Lot, Pasture, Rural, Street Dead-End, Unincorporated
  • Pet Policy: Yes
  • MLS#: G5039264
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/G5039264/34135cardinallane_eustis_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 4/26/2024 3:47:11 PM)
Listing courtesy of WEICHERT REALTORS HALLMARK PRO   Phone: 352-729-6528

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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34135 Cardinal LANE, Eustis, FL, 32736

$7,560,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,048,000 $6,048,000 $6,048,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.500% 7.250% 7.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.995% 7.354% 7.292%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $42,288 $41,258 $54,785
Total Monthly Payment $42,413 $41,383 $54,910

* 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.