25314 LUKE STREET, Christmas, FL, 32709 | $120,000

Under contract-accepting backup offers. Reduced and priced to sell. Buildable 1+ acre property in Christmas, FL with existing power, well, septic, and valuable impact fee credit potential. There are even companies in Florida that will remove the structure for you at no cost. This is a great opportunity for a buyer, builder, investor, or manufactured home owner looking for land with existing utility infrastructure already in place. The current single-wide mobile home is most likely a tear-down and is being sold for land value and existing improvements only; buyer to inspect and determine best use. Power is connected but currently off. Well water is connected, and the well pump is approximately one year old. Septic is in place but old and should be evaluated by buyer. Cash or construction-to-perm financing may be possible depending on buyer qualifications and lender/program terms. Based on seller research, impact fees may be credited dollar-for-dollar for a replacement structure up to 1, 200 square feet if built within the same impact fee category as the existing home. If a larger structure is built or the improvement falls into a different category, the existing impact fee credit may still apply toward the new fee amount. As of 4/7, the estimated savings is $22, 061 by purchasing this property vs a vacant parcel. Buyer should verify all zoning, intended use, permitting, impact fee credits, septic requirements, and replacement options for a manufactured or site-built home directly with Orange County during due diligence. There is no septic moratorium in this area of Orange County. No variance required to build in this community. A strong opportunity to start fresh without paying full vacant-land setup costs.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 106' x 423'
  • Laundry: Other
  • Year Built: 1975
  • Heating: None
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 744
  • Acreage: 1.03
  • Lot Size: 106' x 423'
  • Est. Taxes: $1,241
  • Lot Desc: Cleared, Drainage Canal, In County, Level, Unincorporated
  • Elem. School: Wedgefield
  • Middle School: Wedgefield
  • High School: East River High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Electric Water Heater
  • MLS#: O6373170
  • Days on Market: 137 days
  • Website: https://www.raveis.com
    /prop/O6373170/25314lukestreet_christmas_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/4/2026 4:47:09 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 407-647-1211

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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25314 LUKE STREET, Christmas, FL, 32709

$120,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $96,000 $96,000 $96,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.358% 6.524% 5.866%
Monthly Tax Payment $103 $103 $103
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $575 $599 $791
Total Monthly Payment $753 $777 $969

* 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.