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Opportunity + potential = this rare 40+ ACRE property in Groveland, located in one of Lake County’s fastest-growing corridors! Offering approximately 4. 86 ACRES OF HIGH & DRY usable land plus an additional 37+ acres of predominantly wetlands, this unique property delivers a beautiful natural backdrop, exceptional privacy, and the peaceful charm of Old Florida while still being close to everyday conveniences. The high and dry portion is mostly cleared and ready for your vision, creating a blank canvas for redevelopment, a private estate, agricultural use, or future investment opportunities. Some utilities are already in place, adding convenience as you plan your next project. With agricultural zoning, buyers will appreciate the flexibility this property provides. Enjoy the freedom of NO HOA, expansive natural surroundings, and plenty of room to create the lifestyle you have been dreaming of. Whether you are looking for ACREAGE TO BUILD, space for recreation, or a long-term land investment in a rapidly growing area, this property offers a unique combination of usable land, natural beauty, and privacy that is increasingly difficult to find. Conveniently located with easy access to Hwy 27, Hwy 19, and the Florida Turnpike, you will enjoy a rural feel while remaining close to shopping, dining, employment centers, and everything Central Florida has to offer. Rarely does a property of this size, setting, and potential become available in such a desirable Groveland location. Call today for more information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,066 | $2,147 | $2,823 |
| Total Monthly Payment | $2,141 | $2,222 | $2,898 |
* 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.