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NOW IS THE TIME TO BUILD! Excellent opportunity in Apopka, FL. This large and fully cleared lot, with approximately 0. 78 acres (3, 180 m²), is located on a quiet street and surrounded by an established neighborhood. The R-2 zoning allows multiple possibilities, making it perfect for the construction of a multifamily building with up to 4 units (verify with the county) or a spacious single-family residence.
The location is a major highlight: just 1 minute from E. Semoran Blvd (SR 436), the property is surrounded by convenience and complete infrastructure. Nearby you will find supermarkets such as Publix and Walmart Supercenter, stores like Home Depot, AutoZone, and Dollar Tree, as well as a wide variety of restaurants, including Zaxby’s, Pho 91, Metro Diner, and Kobe Japanese Steakhouse. There are also banks, pharmacies, gas stations, and shopping centers such as the Apopka Land Regional Shopping Center.
For families, the property is close to schools such as Apopka High School and traditional churches in the area, and only minutes from AdventHealth Apopka, a reference hospital. For leisure and quality of life, the location is unbeatable: within a short distance to Wekiwa Springs State Park and Wekiwa Golf Club, offering options for nature, relaxation, and outdoor sports.
With easy access to highways US-441 and SR-429, you can quickly reach the entire Orlando metropolitan area. Disney World is just 30 minutes away, and Orlando International Airport (MCO) is only 35 minutes away.
This lot is ideal for investors looking to build and leverage equity in one of the fastest-growing areas of Greater Orlando. Whether for multifamily development, generating passive income in dollars, or capital appreciation, this is a unique opportunity in an extremely strong market. Don’t miss the chance to visit this property—you will be impressed with the location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$330,000
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 | $264,000 | $264,000 | $264,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.794% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,583 | $1,647 | $2,157 |
| Total Monthly Payment | $1,658 | $1,722 | $2,232 |
* 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.