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Discover a unique opportunity to own 80 feet of direct river frontage on the easternmost channel of the scenic Wekiva River. Located in Sanford, Florida and tucked away in a quiet, hidden location yet just minutes from shopping, dining, and everything Central Florida has to offer. This lot offers the perfect balance of convenience and seclusion. The property is thoughtfully equipped with a heavy-duty dual electric boat lift, an attached floating dock ideal for kayaking and paddle boarding, well, septic system, electric, and Wi-Fi already in place. A crushed asphalt drive leads to a designated RV spot, making it an excellent winter retreat. There's also a small metal utility building with a toilet, water pump and tank, and Wi-Fi connectivity. The owner had plans to build a stilted cabin, and an approved site plan. Whether you're looking to build your dream riverfront getaway or keep it as a private recreational retreat, this property is ready to enjoy. Explore Katie's Landing at the Lower Wekiva River Preserve State Park, you'll enjoy easy access to multiple trailheads, campsites, and the wonders of this federally recognized National Wild and Scenic River. The Wekiva River, one of only two rivers in Florida with this prestigious designation, boasts unpolluted waters, natural shorelines, and a connection to Central Florida's rich network of lakes, rivers, and springs. Conveniently located just 7 minutes from I-4 and 10 minutes from Sanford, this property provides the perfect blend of peace and tranquility with modern conveniences. With the recently completed State Road 29, enjoy effortless access to all that Central Florida has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.280% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,187 | $2,309 | $3,080 |
| Total Monthly Payment | $2,262 | $2,384 | $3,155 |
* 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.