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One or more photo(s) has been virtually staged. Rare waterfront opportunity on beautiful Lake Geneva in desirable Odessa. This property offers canal access to ski Lake Minneola, giving you the chance to enjoy two connected lakes and the lifestyle that comes with them.
The true value here is in the land and the waterfront setting, but the property also includes a permanently installed 2-bedroom, 2-bath doublewide mobile home that offers flexibility while you plan your future build. The home is not currently connected to a well, so a new well will need to be installed, but it presents potential to live in or rent out while you design and build your dream home.
Enjoy fishing, boating, skiing, swimming, or simply relaxing in your own backyard while taking in the peaceful water views and cool lake breezes. Opportunities like this are increasingly rare — waterfront property with access to two connected ski lakes for under $200, 000.
With no HOA or CDD, the possibilities are wide open. Build a custom waterfront home, create a weekend retreat, hold as an investment, or enjoy it as your own private getaway.
Conveniently located near great schools, restaurants, shopping, parks, outdoor recreation, the Veterans Expressway, Tampa International Airport, and some of Florida’s best Gulf Coast beaches.
Bring your builder, your vision, and your imagination.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 |
|
|---|---|---|---|
| Loan Amount | $156,000 | $156,000 | $156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $188 | $188 | $188 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $934 | $973 | $1,274 |
| Total Monthly Payment | $1,197 | $1,236 | $1,537 |
* 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.