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***CONSERVATION AREA DETERMINATION HAS BEEN COMPLETED** Discover the opportunity to create your own private retreat on 6. 24 ACRES in the Rocket City section of Wedgefield, where rural Florida living meets everyday convenience! Located at the end of a quiet DEAD-END STREET, this property includes two parcels being sold together, providing the space, privacy, and flexibility to BUILD THE DREAM HOME you have always envisioned. Surrounded by the natural beauty of Hal Scott Preserve, outdoor enthusiasts will appreciate having miles of trails, wildlife, and open spaces practically in their backyard. Whether you are dreaming of a custom estate, workshop, room for recreational vehicles, or simply extra space to spread out, this expansive property offers endless possibilities. Enjoy the freedom of an OPTIONAL HOA while still being close to everything that makes the Wedgefield community desirable, including top-rated WEDGEFIELD K-8 SCHOOLS, Wedgefield Golf Club, and Wedgefield Park. Convenient access to FL-520, FL-528, and Colonial Drive makes commuting easy, while Waterford Lakes Town Center, Valencia College, UCF, shopping, dining, and entertainment are all within reach. If you have been searching for acreage in East Orlando where you can enjoy privacy, nature, and room to build your vision without sacrificing convenience, this exceptional 6. 24-acre property is ready to bring those plans to life. Call today for more information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,000
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 | $551,200 | $551,200 | $551,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,261 | $3,439 | $4,540 |
| Total Monthly Payment | $3,353 | $3,531 | $4,632 |
* 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.