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• Investors • Builders • AND retail homeowners looking to build with construction-to-perm financing? -Prime Development Opportunity in the Growing Apopka Corridor – Opportunity Zone – High & Dry Lot Exceptional opportunity in one of Central Florida’s fastest-growing markets. Located in the rapidly expanding Apopka corridor — widely recognized as a major extension of the Orlando real estate market — this high and dry buildable lot offers flexibility for both investors and future homeowners. Situated within a designated Opportunity Zone, this property offers multiple paths to value: Development Options: • Build one single-family home with an ADU (Accessory Dwelling Unit) • Re-plat and construct two single-family homes (subject to city approval) • Explore rezoning potential for multifamily development (subject to city approval) Optional preliminary plans are included. Plans may require revisions and final approval in coordination with the City of Apopka Planning Department. Not Just for Investors – Build Your Dream Home This property can also be purchased as a residential homesite for an owner-occupant looking to build a custom home. Construction-to-permanent financing options are available for qualified buyers, allowing you to purchase the lot and build your dream home with one streamlined loan. Whether you are: • A homeowner ready to design and build • A small builder • A long-term buy-and-hold investor • A 1031 exchange buyer This lot offers flexibility in a high-growth location. Apopka continues to experience strong residential and commercial development, infrastructure improvements, and increased housing demand throughout Northwest Orange County. Secure land in growth markets before pricing accelerates further. High and dry. Development flexibility. Growth corridor location. Buyer to verify zoning, re-platting, rezoning, and development requirements with the City of Apopka. For development guidance or construction-to-perm financing options for qualified buyers, contact The Landlord Finders Build Real Estate – Central Florida Land & Development
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Our Executive Mortgage Banker:
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$120,000
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 | $96,000 | $96,000 | $96,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $591 | $607 | $797 |
| Total Monthly Payment | $666 | $682 | $872 |
* 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.