|
ENDLESS POSSIBILITIES AWAIT ON THIS EXCEPTIONAL 35. 77-ACRE PROPERTY IN THE HEART OF BABSON PARK, FL! Offering a rare combination of agricultural productivity, investment potential, and future development opportunities - this expansive parcel presents an incredible chance to own a substantial piece of Florida land in a growing Central Florida location! Currently utilized as grove land, the property features an existing irrigation well and offers the infrastructure needed to continue agricultural operations, whether maintaining citrus production or exploring other farming ventures. The gently rolling landscape, open acreage, and picturesque rural setting create a beautiful backdrop for a variety of future uses. For investors, developers, and visionaries alike, this property represents a unique opportunity to capitalize on the area's continued growth and demand for land. With nearly 36 acres at your disposal, the possibilities are extensive—from expanding agricultural operations to exploring future residential development potential, subject to county approvals and zoning requirements. Conveniently located in charming Babson Park - known for its scenic landscapes, small-town atmosphere, and proximity to major Central Florida destinations - this property offers the perfect balance of privacy, accessibility, and long-term value! Whether you're seeking an income-producing agricultural investment, a land banking opportunity, a future development project, or a place to create your own private Florida estate, this remarkable 35. 77-acre parcel delivers the space, flexibility, and potential to bring your vision to life!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| 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 | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,308 | $3,489 | $4,606 |
| Total Monthly Payment | $3,400 | $3,581 | $4,698 |
* 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.