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Presented by
Sophia Kasparis |
10± acre strategic corridor opportunity located on E County Road 462 in Wildwood, positioned within one of the most actively expanding growth corridors serving The Villages and surrounding communities. Featuring approximately 300 feet of frontage with strong visibility and consistent daily traffic flow, this site sits directly in the path of continued residential and commercial expansion. Surrounding properties along CR 462 have undergone successful rezoning and redevelopment, signaling a clear transition from rural to higher-intensity uses. Water and sewer utilities are available in close proximity to the site, further supporting the area’s ongoing development trajectory. This property presents a compelling long-term land position for investors or developers seeking to participate in the corridor’s evolution. Currently zoned RR (Rural Residential). Any higher-density residential, mixed-use, or commercial development will require rezoning and approval by the appropriate governing authority. Buyer to conduct all due diligence regarding zoning, future land use, utilities, access, and development feasibility, and the owner will allow a reasonable due diligence period. An existing residential structure is located on the property and conveys. Property is offered as-is. Seller will not pursue rezoning or development entitlements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 516.710.2012
Sophia.Kasparis@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $124 | $124 | $124 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,993 | $10,411 | $14,615 |
| Total Monthly Payment | $10,242 | $10,660 | $14,864 |
* 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.