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Imagine the possibilities on this prime 0. 22-acre lot in Vero Lake Estates, ready to bring your vision to life! Located in a peaceful, welcoming neighborhood with no HOA restrictions, this lot offers unparalleled flexibility for building your dream home or making a savvy investment. Conveniently positioned just minutes from I-95, this property provides easy access to all that Vero Beach has to give. Spend your days exploring the pristine Wabasso Beach or enjoy a round of golf at the nearby Orchid Island Golf and Beach Club, both just a short drive away. Love the outdoors? The stunning St. Sebastian River State Park is right around the corner, offering opportunities for hiking, kayaking, and wildlife observation. Vero Lake Estates is a thriving community known for its prime location and ongoing development, with newly paved roads and a growing sense of community. Whether you’re looking to build now or hold for the future, this lot provides the blank canvas you’ve been searching for. Zoned for residential use, there are no time limits to build, giving you the freedom to plan at your own pace. Act now to claim your slice of Florida paradise! Opportunities like this don’t last long. Contact us today to start planning your future in beautiful Vero Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$50,000
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 | $40,000 | $40,000 | $40,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $227 | $240 | $324 |
| Total Monthly Payment | $302 | $315 | $399 |
* 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.