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Whispering Hills Golf Course Frontage – Five-Acre Tracts on Punkin Center Road (Annexation Pending) Now offering a rare opportunity to purchase five-acre tracts within a larger 20-acre estate on Punkin Center Road, located in Howey-in-the-Hills with annexation into Leesburg pending within approximately 60–90 days. Four individual five-acre parcels are currently available, each measuring approximately 180 feet wide by 1, 300 feet deep, and offered at $549, 000/ tract. These parcels are zoned for residential use and positioned for future development in a rapidly growing corridor of Lake County. Upon annexation, the property is expected to gain city water access, while currently featuring a commercial-grade well tapping the Upper Florida Aquifer, on-site power, and gated access. Each tract fronts the planned Whispering Hills Golf Course, providing golf course frontage, open views, and a premium setting ideal for custom estate homes. Conveniently located near Turkey Lake Road with easy access to Leesburg and surrounding areas, this offering presents an excellent opportunity for builders, investors, or end users seeking land in a high-growth market. Pre-construction opportunity. Additional details available upon request. Contact us today for more information or to schedule a private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,635 | $2,778 | $3,624 |
| Total Monthly Payment | $2,727 | $2,870 | $3,716 |
* 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.