Over an acre at the RIVER RANCH Property Owners Association. These properties have very low taxes--under $9 for this lot in 2022. Owners of property here enjoy the eligibility of joining the Property Owners Association for $155 entailing usage of the temp campgrounds and access to 44, 000+ acres of untouched Florida for hunting, ATVs and recreation. For every . 31 acre a couple (married or residing at the same address) can purchase a $155 membership that includes their children up to 21 years old. The main gate is located off of CR 630 which is off of Hwy 60 East of Lake Wales. Parcels are able to be subdivided. These are not buildable lots as they have been zoned for recreational use. That said, this lot has been greatly improved. The largest structure is the main house that has a sleeping quarters in the back pull out couch kitchen and a bathroom and in the front has a second room dining room living room with a big screen TV. There is a smaller trailer that is the second camper that one has a bathroom in the rear. Twin beds (single beds one on each side) right before the bathroom. It has a small fridge and a small kitchen area. There are total of three utility trailers, one generator-ready and one that houses spare parts and pumps for repairs and maintenance. The camp has active wells. There is one access point at the front and the gates can be closed. The camper itself has an overhead AC unit and both of the campers have good functioning AC units, good refrigerators, one of them has a full size fridge and a full size bathroom with a stand up shower and a small porch in the front of it. Just waiting for you!!!!
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William Raveis Mortgage, LLC
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5/6 (30 Yr)
Adjustable Rate Conforming*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.000%||6.375%||5.375%|
|Interest Rate based on Index + Margin||4.250%|
|Annual Percentage Rate||6.885%||6.524%||5.576%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$75||$75||$75|
|Initial Principal & Interest Pmt||$254||$265||$344|
|Total Monthly Payment||$329||$340||$419|
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.