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46. 25 acres (2 Parcels-2 Building Sites), and two fairly new metal buildings, one is 3480 sqft, the second building is 2100 sqft. This land has several different uses and could be fun to work with. It has AG zoning which is a more relaxed Lake County Zoning. The front of the property has approximately 570' of CR 33 Road Frontage, owner does have a recent survey, 2 separate parcels with 2 building sites contingent upon required setbacks. South parcel with the buildings consists of 34 +/- acres, north parcel with the Island and a fairly new Well would be the 2nd building site, this parcel is 11. 66 +/- acres. This land has a good amount of road frontage, a Roadside Farm Stand would be a good use, other allowable uses could be, Agritourism, Bed and Breakfast (home), Plant Nursery, Vet Clinic, Family Day Care, Farming and Livestock use with the AG Zoning. The owner has constructed 2 large metal buildings which offers tons of storage for cars, tractors, boats, equipment. Brand new wire fencing on most of the land. This land is nicely located in Groveland, north of Hwy 50, and not too far from the Florida Turnpike entrances. Major grocery chains, restaurants and shopping are only 5 miles away. This is a very versatile piece of land, the acreage is large, definitely wetlands, but has high and dry land as well. This is a very pretty site, beautiful wildlife, the lake is very serene and private. The Island could make a spectacular 2 acre home site is very private and sits up overlooking the lake. Lake is considered a Grassy Lake, no idea of the depth but definitely fishable. Southern Parcel is 11. 66 acres which has the buildings, Northern Parcel is 33. 92 acres which has the well and what I call the Island. (Large Barn by the highway does not convey, Lake County confirmed these are building sites, but suitability and setbacks must be verified by the buyer)
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,796 | $2,990 | $3,884 |
| Total Monthly Payment | $2,888 | $3,082 | $3,976 |
* 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.