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Presented by
Burnham Group |
Create your own private family compound on 25 acres of Lake County paradise. This property is fully agricultural-zoned and ready for four family homes, offering privacy, space, and freedom to design your ideal lifestyle. What makes this property intriguing is the inclusion of a Family Density rule, allowing for the potential sub-division of the land into lots with a minimum of 1 acre of developable area each (this parcel is 6. 11 acres dry). Anything over four lots requires a platting process. For those interested in exploring the potential of this rule, a concept has been developed showcasing the ability to create 4 lots while adhering to the guidelines. Please verify with Lake County on all of the requirements necessary. Under this rule, residents have a unique opportunity to create a family lot split on this beautiful piece of land. Stipulations for family lot split include the requirement that the residents must be related , direct ascending and descending and commit to living on the property for at least 5 years. Enjoy a large gated entrance with remote-controlled motorized operation and a lime rock driveway. Your vision for a secure, sustainable, and functional family compound can become a reality. All this just 40 minutes from Walt Disney World, giving you the perfect balance of seclusion and convenience. This is more than land—it’s a chance to build a legacy for your family and live life on your own terms.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
Sales Associates
William Raveis Real Estate
Phone: 239.825.3505
BurnhamGroup@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.121% | 6.011% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,429 | $4,676 | $6,477 |
| Total Monthly Payment | $4,521 | $4,768 | $6,569 |
* 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.