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• Secluded and Sprawling 9. 1 Acres of Gorgeous and Partially-Cleared VACANT LAND Zoned A-2/Farmland Rural Tucked Away for PRIVACY down the Un-Paved Bishop Road that is Used Only for this Property! HOLY COW!
• Close to the City, yet You’ll get the Privacy You Crave here with NO CLOSE NEIGHBORS and the Rolling Pasture of the large Deseret Ranch All Around you as far as the eye can see!
• Land has a Large Pond on it and, of course, NO HOA…just like Everyone Wants! Low, Low Property Taxes only $1711 a year make a long-term hold Affordable!
• Per Orange County, this Land is Not Currently Buildable for Residential Use…that’s why the almost 10 prime acres is so inexpensive! Do the Work Yourself of getting County Approval for Building and Make a FORTUNE when this Make the Land Skyrocket in VALUE!
• Currently the Land can be used to hold for Appreciation, for Agriculture so you Can grow what you want when you want, or as an Expansive Spread for Animals- Horses, Cows, Bees & Chickens! Due to the Acres and Acres of Empty land Surrounding, You can Enjoy the Abundant Wildlife that cross through as they go about their Daily lives… White-Tailed Deer, Sandhill Cranes, & Wild Turkeys! Nice!
• If and when Buyer wants to build on land, they would need to take on the work themselves to get it approved for Residential Use from Orange County with 2 basic options: #1) the New Owner paves the road at their cost, to Orange County Specifications, from Roy Berry (where the gate is) to the beginning of the property to give access. Orange County would then be responsible for the road. Seller does not know how much that would cost. #2) Get Orange County to “Vacate the right of way” of Bishop Road, allowing owner to then build their own more inexpensive access such as an unpaved or crushed gravel road.
• According to Topographical Survey, 4. 05 Acres are Dry Upland Classification and 5. 05 Acres are Wetlands Mostly on the far right-hand Lot. You would have more than enough room on the Western/ Left-hand Lot to Build or do Anything You Would like with the Land!
• Here in this Un-beatable East-Orange County Location near Fort Christmas, You’ll find Yourself Enjoying the Rural Lifestyle, driving by unending Pastures and Forests on Your way to Your Land, yet Close to the Conveniences of the City too!
• Downtown Titusville or UCF’s Research Park/Siemens is only 20 minutes away! Only 30 minutes to the Orlando International Airport, Valencia State College East Campus or the Shopping and Dining Bonanza of Waterford Lakes Towne Center! The World Famous Cocoa Beach Pier is less than 40 minutes! Nice!
• Of course, this is Raw Land that has Never been Developed and will need a Well and Septic Installed. Schools & Size of Land are Deemed Accurate, but are not Warranted. Topological and Boundary SURVEY Available upon Request! Property Must be Purchased for ALL CASH or Owner Financing Only… No Mortgages from the Bank.
• Owner MAY Do Up to 70% OWNER FINANCING (as a 1st Mtg, 9%, 15 Year Amort with a 5-Year Balloon) with 30% Minimum Cash Down Payment by Buyer.
• Schools: Wedgefield Elementary, Corner Lake Middle, East River High School! Say YES!
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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 |
|
|---|---|---|---|
| Loan Amount | $158,000 | $158,000 | $158,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $935 | $986 | $1,291 |
| Total Monthly Payment | $1,010 | $1,061 | $1,366 |
* 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.