6311 Sadler ROAD, Mount Dora, FL, 32757 | $175,000

LAKEFRONT ! 1. 55 ACRE LOT ! MOUNT DORA ! Mushroom plant closing !!! Over an acre of dry land outside of the high water mark (see survey in attachments) of the hidden spring fed private Sawdust Lake (aka Lake Poe) off Sadler Rd. Stock your own fish to enjoy catching later. Property is located about a quarter mile east of Hwy 441 and close to SR 429 for easy access o downtown Mount Dora (10 min drive), Apopka, Winter Garden and Orlando. This is a unique developing area of Orange County, just a half mile from the entrance to Hampton Dubose Academy and the future Orange County Junior and High Schools. There is approximately 270 ft. on Sadler Rd. with partial lake ownership. Build your custom home on your private oasis in a wooded peaceful environment.

Features

  • Lot Size: 339 x 221 x 270 x 64 x 398 x 309
  • Lot Desc: In County
  • View: Trees/Woods, Water
  • MLS#: O6173380
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/O6173380/6311sadlerroad_mountdora_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 5/14/2024 7:47:09 PM)

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6311 Sadler ROAD, Mount Dora, FL, 32757

$175,000

Kevin Kuehl

Sales Associate

William Raveis Real Estate

Phone: 239.207.6792

Kevin.Kuehl@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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $955 $930 $1,200
Total Monthly Payment $1,030 $1,005 $1,275

* 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.