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Presented by
Russell Whalen |
Beautiful canal front lot in Garden City. One of Groveland's premier neighborhoods in a magnificent location with pristine water views at almost every turn. This particular lot provides exclusive access to the Lower Clermont chain of lakes, including Lake Stuart, Lake Hunt, Lake Lucy, and Lake Emma. Bring your own builder and build the home of your dreams on this near one-acre piece of paradise. The minimum building requirement is 3800 square foot of living area (under air) with a tile or metal roof and a maximum of 1 story. With Mains Electricity and City Water available the community is approximately 27 miles from Orlando International Airport, 29 miles from Disney World and within close proximity of all major attractions. Florida's Turnpike and HWY 27 are minutes away. This vacant parcel offers ample space and privacy to create the perfect lakeside retreat and to custom build the home of your dreams. Seller is a Licensed Florida Real Estate Broker. Attractive Seller Financing Package Available.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$219,900
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 917.697.9029
Russell.Whalen@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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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 | $175,920 | $175,920 | $175,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $999 | $1,054 | $1,403 |
| Total Monthly Payment | $1,074 | $1,129 | $1,478 |
* 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.