|
|
An exceptional opportunity to acquire nearly 1. 8 acres of land in Winter Haven at a compelling value. This expansive parcel offers a rare combination of size, privacy, and long-term potential, making it ideal for a buyer with vision. Surrounded by established properties and set within a growing area of Polk County, the lot provides ample space for a future custom homesite or land-banking opportunity. The property is currently landlocked, which is reflected in the pricing. A future owner may pursue access via an easement with the neighboring parcel, presenting a value-add opportunity for those willing to complete the process. The seller elected not to pursue the easement, creating a unique chance for a buyer to secure a large tract at a price point seldom seen for land of this size. Whether you’re an investor seeking upside or an end buyer planning a long-term project, this parcel offers strong potential relative to its entry cost. A rare opportunity to control a substantial piece of land in an increasingly desirable Central Florida market. Broker is engaged to represent Seller’s contractual rights and equitable interest only, and not the fee-simple ownership of the Property. Seller is not the record owner and is marketing equitable/contractual interest only. This is part of a wholesale transaction which will require a simultaneous closing. Parcel # 26-28-16-000000-033190
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:
$27,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $21,600 | $21,600 | $21,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $123 | $131 | $175 |
| Total Monthly Payment | $198 | $206 | $250 |
* 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.