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Discover an exceptional opportunity to own five vacant waterfront lots on beautiful Lake Saunders in Mount Dora- total 2. 2 +/- acres with over 500 feet of lake frontage. This rare offering provides direct lake frontage and endless potential for development or private use. Zoned RP with Future Land Use: Urban High Density – allowing for a variety of residential development options. Five Individual Parcels offer flexibility to build custom homes, multifamily units, or hold for future appreciation and investment opportunity. Direct Lake Saunders Frontage – ideal for waterfront living, recreation, and value enhancement. Enjoy breathtaking views and access to fishing, boating, and watersports. Prime Location just minutes to historic Downtown Mount Dora and Tavares, shopping, dining, and major highways for easy access to Orlando and surrounding areas. Public Utilities Nearby supporting efficient future development. Lake Saunders is known for its scenic beauty and recreational lifestyle, and these parcels represent one of the few remaining opportunities to build along its shoreline. Whether you’re an investor, builder, or developer, this offering is a chance to create a high-value residential community or private lakefront retreat.
This is offered as a package for all 5 lots. Each lot is just under . 50 acre +/-.
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:
$895,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.235% | 6.164% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,178 | $4,350 | $6,042 |
| Total Monthly Payment | $4,270 | $4,442 | $6,134 |
* 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.