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Tucked inside the gated community of South Shore Oaks in Lake Wales, this 2. 16-acre homesite offers something increasingly rare, privacy, quiet, and the freedom to build exactly what you envision. Surrounded by mature Florida oaks and towering pines, this property feels like a private nature preserve. The only sounds you’ll hear are birds overhead and wind moving gently through the trees. Deer and quail make regular appearances, adding to the peaceful, Old Florida setting that makes this community so special. South Shore Oaks is an intimate neighborhood with just two roads, creating a secluded atmosphere while still offering access to Lake Rosalie. With a low HOA of only $325 per year, you’ll enjoy the benefits of a well-maintained gated community without high fees. The lot is partially cleared, giving you a head start on building your custom dream home while still preserving the natural beauty and shade of the existing trees. No manufactured homes are permitted, ensuring a community of quality-built residences. Chickens and horses are allowed, so whether you’ve dreamed of gathering fresh eggs each morning or creating a small equestrian setup, you have the flexibility to design a lifestyle that fits. Despite the peaceful setting, you’re just minutes from SR 60 and Highway 27, with convenient access to shopping, dining, medical facilities, and the hospital in Lake Wales. Downtown Lake Wales offers charming boutiques, local restaurants, coffee shops, and year-round events. The area is also home to the iconic Bok Tower Gardens, one of Central Florida’s most treasured landmarks. If you’ve been searching for acreage, privacy, and the opportunity to build a truly custom home in a quiet, established community, this homesite is ready for your vision.
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Our Executive Mortgage Banker:
Our Insurance Division:
$69,900
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 | $55,920 | $55,920 | $55,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $322 | $358 | $464 |
| Total Monthly Payment | $397 | $433 | $539 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.