Heritage Wood N Lakes Estates 34 Lots, Wildwood, FL, 34785 | $1,200,000

Exclusive Investment Opportunity: Developer Land Package in Heritage Wood N Lake Estates

Unlock a Unique Investment in Wildwood, Florida

Welcome to a rare and lucrative opportunity in the heart of Wildwood (Near The Villages), Florida! We are thrilled to present a developer's dream: a comprehensive land package consisting of 34 ready-to-sell manufactured home lots within the esteemed Heritage Wood N Lake Estates Manufactured Home Park. This package not only offers prime lots in an established community but also opens the door to significant investment potential in a region known for its vibrant 55+ population.


Prime Location: Nestled adjacent to the acclaimed 55+ city of The Villages, Florida, these lots are in a community that's both serene and conveniently located. The proximity to Brownwood Paddock Square means shopping, dining, and entertainment are just a stone's throw away, offering a lifestyle that's both relaxed and rich with amenities.

Ready for Development: Each lot comes prepared with water, sewer and electricity, simplifying the development process. Whether you're looking to resell the individual lots or develop and then sell, these lots are primed and ready for your vision.

Developer Rights: As the owner of this package, you'll gain developer rights, including the ability to assess and collect HOA fees currently set at $130 per month. This unique aspect of the deal adds a continuous revenue stream to your investment.

Flexible Zoning: With most lots zoned for manufactured homes and a few for residential use, there's potential for zoning updates that could allow for the development of small houses, further expanding your investment opportunities.

No Short-Term Rental Restrictions: The absence of short-term or seasonal owner restrictions enhances the appeal for investors looking to tap into the lucrative short-term rental market.

Cost-Efficient Management: The close proximity of the lots allows for efficient portfolio management, reducing costs associated with cleaning, management, and upkeep.

Vibrant Local Community: Just across the highway, Brownwood Paddock Square offers an array of shopping, dining, and entertainment options. With free nightly entertainment 365 nights a year, it's a hub of activity that residents and visitors love.

A Note on RV Homes: Please be aware that RV homes are not permitted within this community, ensuring a consistent and appealing aesthetic for all residents.

Flexible Selling Options: While the preference is to sell this package as a whole, individual lot sales will be considered, offering flexibility to interested parties.

Infinite Potential: With developer rights that have unlimited monetary value, this land package represents not just an investment in real estate but an investment in a thriving community and a lifestyle desired by many.

Don't miss out on this unparalleled opportunity to shape the future of Heritage Wood N Lake Estates and leave a lasting impact on the Wildwood community. Contact us today to explore the potential of this exceptional investment opportunity. Individual Lots G16ED002, G16ED003, G16ED006, G16ED007, G16ED008, G16ED009, G16ED010, G16ED011, G16ED012, G16ED013, G16ED014, G16ED020, G16ED022, G16ED023, G16ED025, G16ED026, G16ED028, G16EC008, G16EC011, G16EC018, G16EC021, G16EC030, G16EC045, G16EC052, G16EC053, G16EC054, G16EC056, G16EC057, G16EC058, G16EC059, G16EC060, G16EC061, G16EC062 and G16E100

Features

  • Lot Size: 000
  • HOA Fee: $130 Monthly
  • Lot Desc: Buildable, Cleared, Corner Lot, Cul-De-Sac
  • Pet Policy: Yes
  • MLS#: T3514987
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/T3514987/heritagewoodnlakesestates34lots_wildwood_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 5/21/2024 11:47:10 AM)
Listing courtesy of ALIGN RIGHT REALTY SOUTH SHORE   Phone: 813-645-4663

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Heritage Wood N Lakes Estates 34 Lots, Wildwood, FL, 34785

$1,200,000

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 $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,549 $6,307 $8,562
Total Monthly Payment $6,674 $6,432 $8,687

* 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.