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Pre-Construction. To be built. Not every dream home begins at the water's edge, but it can still end there. Deer Island is one of Central Florida's most coveted private islands, and this rare corner homesite is your invitation to build something extraordinary within it. Set on a generous quarter-acre corner lot, the property offers shimmering glimpses of Lake Dora, added privacy, natural light from multiple exposures, and plenty of room to build a pool, giving your builder a canvas that most lots on this island simply cannot. With no time restriction to build, your vision unfolds entirely on your terms and your timeline. When the day calls for the water, you're already there. Boat slips are available for rent through the Deer Island Golf Club, putting the legendary Harris Chain of Lakes at your fingertips. Historic Mount Dora is minutes away by boat, Tavares is just beyond that, Orlando's world-class attractions are approximately 45 minutes away, and both coasts are within about 90 minutes. Deer Island itself is a 400-acre natural island anchored by an award-winning 18-hole championship golf course, ranked among America's Top 50 Public Courses and #5 in Florida. The club also features 19th Wave, a restaurant and bar, all within a short golf cart ride from your front door. Golf memberships are available, but never required. The rendering from Kevco Builders shown is for inspiration only (Haven Model). Buyers are welcome to build from a completely custom floor plan or make changes to suit their lifestyle (price is subject to change based on the floor plan and size of the home). Come take a drive through the community. Once you arrive, you'll understand exactly why people choose this island for their forever home and never look back. * The photos of the house are of a previously built home. Some features and finishes are optional and can be discussed with the builder. *
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,926
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 | $560,741 | $560,741 | $560,741 |
| 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 | $185 | $185 | $185 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,453 | $3,541 | $4,656 |
| Total Monthly Payment | $3,730 | $3,818 | $4,933 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.