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Exceptional homesites are becoming increasingly rare — don’t miss this incredible opportunity to build your dream home on an expansive 0. 27-acre lot in a prime and convenient location. Ideally situated just off W. Colonial Drive and North Hiawassee Road, this tucked-away property offers the perfect blend of privacy and accessibility with quick access to major roadways, including the 408, Florida Turnpike, and Downtown Orlando. Surrounded by established homes and not located within a subdivision, this property features the highly sought-after advantage of NO HOA, allowing you the freedom and flexibility to design and build without additional restrictions or monthly fees. Whether you envision a modern estate, contemporary retreat, or spacious family residence, this oversized lot provides endless possibilities to create something truly special. Convenience is at your doorstep with the popular H-Mart just minutes away, along with countless dining, shopping, entertainment, and everyday amenities nearby. The location places you approximately 20 minutes from Downtown Orlando, 30 minutes from Orlando International Airport, and only 10 minutes from the Florida Turnpike, making commuting throughout Central Florida simple and efficient. The lot has already been cleared, saving valuable time and expense, and is ready for your custom home plans. Opportunities like this are becoming harder to find in Central Florida — drive by today, walk the property, and start envisioning the future home you’ve always wanted. Also, adjacent land is for sale. #o6410842
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Our Executive Mortgage Banker:
Our Insurance Division:
$90,000
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 | $72,000 | $72,000 | $72,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $437 | $455 | $593 |
| Total Monthly Payment | $512 | $530 | $668 |
* 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.