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Private secluded square lot on the edge of civilization, yet a short drive from Publix, Walmart, and Downtown DeLand. Most lots have a minimum of 10 acres in this Tomoka Woods platted 10 acre lot (no HOA). On a dead end road next to the Tiger Bay Forest.
This 10. 15 acre piece is zoned Forestry and currently has an agricultural exemption for forestry management. A professional forester recently assisted with the partial clearing and prescribed burn. With this transferable exemption taxes are approximately $26 a year. It is all set up for your savings and enjoyment. Yes, you read that correctly. Come build your beautiful estate on this gorgeous piece of enchanting forest. Approximately 2. 6 acres of ephemeral ponds provide natural on site drainage and a safe haven for local wildlife. Full access from two roads, with a portion of a driveway on the east side developed for a 3rd access point. Hundreds of acres of vacant property in the near vicinity, with the majority of them designated conservation. The sound of traffic does not exist out here. You will hear only the meditating sound of trees in the wind.
A person can be in Daytona or Ormond Beach in about 30 minutes. Properties like this one rarely come up for sale in our area,
come see it!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $183,920 | $183,920 | $183,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,222 | $1,551 |
Total Monthly Payment | $1,299 | $1,297 | $1,626 |
* 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.