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Welcome to 2548 County Road 422 in Lake Panasoffkee — a property full of potential, flexibility, and opportunity in a quiet Central Florida setting. Whether you are a cash buyer, investor, first-time buyer, seasonal homeowner, or a buyer using financing, this property provides a great chance to secure a home in a peaceful area with room to personalize and add value over time. With the right vision, this property can be refreshed, improved, or customized to fit your needs and style. Located in the Lake Panasoffkee area, this property provides access to a relaxed lifestyle surrounded by natural Florida charm. Enjoy being near local conveniences, outdoor recreation, fishing, boating, and the laid-back atmosphere that makes this community attractive to both year-round residents and seasonal buyers. The location also provides convenient access to nearby roadways, making travel throughout Sumter County and surrounding areas simple. For investors, this property provides value-add potential in a desirable Central Florida market. For owner-occupants, it provides the chance to create a comfortable home with your own personal touch. For seasonal buyers, it provides an opportunity to enjoy Florida living in a quieter setting away from the heavy traffic and congestion of larger cities. With its location, usable potential, and broad buyer appeal, 2548 County Road 422 is worth a closer look. Bring your ideas, explore the possibilities, and see how this property can fit your goals. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$220,000
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 | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $218 | $218 | $218 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,041 | $1,084 | $1,426 |
| Total Monthly Payment | $1,334 | $1,377 | $1,719 |
* 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.