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Vacant residential lot located on Commonwealth Ave N, Polk City, FL 33868, approximately 20 feet from 18820 Commonwealth Ave N. This parcel is a vested lot of record within Polk County’s Conservation Core-X (COREX) designation and is Eligible for development.
The property offers Paved road Frontage, Established Access, and a Clearly identifiable homesite area in a quiet rural setting surrounded by existing Homes and Open land.
No HOA. No CDD. Enjoy the ability to design and build Without association restrictions or additional monthly fees. Qualified buyers may Finance this vacant lot with as little as 20% Down payment, making this an excellent opportunity for a custom home or long-term land investment.
Conveniently located near Polk City, Lakeland, I-4, and US-33, with approximately a 50–60 minute drive to Tampa and a 60–70 minute drive to Orlando, offering easy access to major Central Florida employment centers while providing privacy and space Rarely found at this Price point.
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Our Executive Mortgage Banker:
Our Insurance Division:
$109,000
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 | $87,200 | $87,200 | $87,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $502 | $530 | $707 |
| Total Monthly Payment | $577 | $605 | $782 |
* 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.