1175 HIGHWAY 466, Lady Lake, FL, 32159 | $1,700,000

One of the Town of Lady Lake's largest and best-located properties is now complete and available for purchase! Abutting to The Villages on 3 sides, "Lumen Park" consists of 30+/- acres and has ingress and egress from both eastbound and westbound traffic on County Road 466. This site has been master-planned into 4 parcels with ONLY 2 REMAINING SITES (Lots 3 & 4). Lots 3 & 4 have a combined 35, 0000sqft of commercial developable space and interior roadways are complete, along with utilities including: city water & sewer, underground electric, internet, phone, and cable. This listing is for Lot 3 which consists of 3. 7+/- acres, is fully developable with off-site mater retention, and consists of 20, 000sqft of buildable space. This parcel sits on the East side of the property with over 200' of road frontage on CR 466. It is now available and lends itself to retail, office, medical, and professional-related uses. Why go through the hassle, time, and cost of the rezoning and engineering when a site like this is READY TO GO with entitlements and infrastructure! Call or email me today to set up your private showing.

Features

  • Lot Size: 209x632
  • MLS#: G5076132
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/G5076132/1175highway466_ladylake_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 5/16/2024 12:32:25 PM)

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

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1175 HIGHWAY 466, Lady Lake, FL, 32159

$1,700,000

Aleks Roessiger

Sales Associate

William Raveis Real Estate

Phone: 603.455.1128

Aleks.Roessiger@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,163 $8,934 $12,035
Total Monthly Payment $9,288 $9,059 $12,160

* 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.