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Bring your toys and live without limits. This . 52-acre Vero Lake Estates property offers the freedom buyers are searching for with NO HOA in unincorporated Indian River County. The standout feature is the impressive 55'x35'x25' steel workshop with two 16' high doors, designed for RVs, boats, trailers, work vehicles, or hobby use. Outfitted with 100 & 50 AMP hookups, water access at both the front and rear, and generator conduit, this structure delivers the space, power, and functionality rarely found in residential properties. The renovated 3BR/2BA CBS home by Groza Homes (1, 762 sq ft) offers a comfortable split floor plan with thoughtful upgrades throughout. Enjoy an updated kitchen with granite countertops and newer appliances, tile flooring, and a beautifully renovated primary bathroom with a spa-style walk-in shower and double vanity. Major improvements include a 2020 roof, HVAC 2021, updated electrical, and much more! Providing peace of mind and move-in-ready convenience. A rare opportunity to own a property that truly supports your lifestyle whether at home, at work, or on the road.
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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 | $507,200 | $507,200 | $507,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $299 | $299 | $299 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,123 | $3,203 | $4,212 |
| Total Monthly Payment | $3,514 | $3,594 | $4,603 |
* 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.