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Located at 160 Caladium Avenue in Lake Alfred, Florida, this 0. 29-acre lakefront lot offers a rare opportunity to build your dream home in the desirable Water Ridge community. With stunning views of Lake Alfred, this property provides the perfect backdrop for a custom home, offering both serenity and natural beauty.
Water Ridge is a private, gated community known for its luxurious amenities. Residents enjoy access to multiple clubhouses, a fitness center, lighted tennis courts, and three swimming pools, including two resort-style pools and a lap pool. For outdoor enthusiasts, the community also offers walking and biking trails, boat ramps, and a gazebo with a grill, as well as boat and RV storage facilities.
The property is conveniently located just minutes from Interstate 4, offering easy access to Orlando, Tampa, and other major Central Florida cities. This makes it an ideal location for both work and leisure, combining peaceful lakeside living with proximity to key destinations.
Don’t miss the opportunity to own this exceptional piece of property in one of Central Florida’s most sought-after communities. Contact us today to schedule your showing and explore the endless possibilities this lot offers!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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
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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 | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $727 | $778 | $1,037 |
| Total Monthly Payment | $802 | $853 | $1,112 |
* 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.