one of Florida's prettiest small towns, 27 freshwater lakes, Caladium Capital of the World; home of many historical artifacts. This beautiful . 25 acre property, in a lake community, is a rare find! Enjoy the good life near lake Istokpoga and only 12 minutes from prime shopping and dining at renowned restaurants and shops in Lake Placid. This beautiful lot is in the Highlands Park Estates subdivision of Lake Placid. It is flat, dry, level, and ready to build! This property is zoned Residential, which allows for site built homes and guest homes. The City of Lake Placid is known as the caladium capital of the world and with its old town charm! Enjoy a morning walk on the shore of Lake Istokpoga, then enjoy an afternoon of fishing, boating and water skiing or just relaxing. This is a very peaceful lot just 5 minutes to the Windy Point Boat Ramp. Enjoy fishing, boating, & kayaking at one of the many nearby lakes and rivers. This property is an hour from Punta Gorda for swimming in the warm, crystal clear waters of the Gulf of Mexico. Enjoy the amenities of Lake Placid Country Club and Lake June Park Sports Complex. This beautiful lot has easy access to Port St. Lucie, Sarasota, Lakeland and Tampa. This lot is priced to sell quickly. Nearby Features Golf - Sebring Golf Links; River Greens Golf Course; Highlands Ridge North; Sun 'N Lake Golf Club; Country Club of Sebring; Placid Lakes Country Club;Bluff's Golf Course; Arcadia Municipal Golf Course Fishing - Lake Placid; Lake Okeechobee; Lake Istokpoga; Lake June in Winter Horses - Orchard Hill Stables Inc. ; Rocking Cross Ranch; Lakeside Stables & Boat Rental; Roebucks Reining Horses Beach - An hour to Sarasota Beach; An hour to Vero Beach Parks – Lake June-in-Winter Scrub State Park; Lake June Park; Lake Francis Pavillion & Dock; Lake Placid Noon Rotary Park; Gladiola Park Swimming - Lake Placid; Lake Okeechobee; Lake Istokpoga; Lake June in Winter; An hour to Sarasota Beach; An hour to Vero Beach; Springs – Zolfo Springs; three Sisters Springs Attractions - Seabring Downtown Historic District; Military Sea Services Museum; Lake Placid Historical Society; Airboat Wildlife Adventures; Gorilla Falls Exploration Trail; Discovery Island Trails; Murals of Lake Placid; Henscratch Farms Vineyard & Winery Shopping – Lake Placid Journal Plaza; Lakeshore Mall; Bealls Outlet; Downtown Mall & Marketplace Retirement community - Sebring Retirement Park; Whisper Lake Retirement Community; Leisure Acres; Maranatha Village; Palms Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $4,798 | $4,798 | $4,798 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.625% | 7.375% | 6.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.157% | 7.548% | 6.760% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $34 | $33 | $42 |
Total Monthly Payment | $109 | $108 | $117 |
* 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.