Presented byJerry Wachowicz - JW & Group |
Under contract-accepting backup offers. Don’t miss this opportunity to build your dream home on an expansive . 33-acre DOUBLE LOT. The lot has already been cleared and is ready for new construction! Water, electric and sewer are available. 14, 203 sq ft| 0. 33 acres/ 100 ft x 140. 5 ft site. A rare find nestled on a picturesque, tree-lined brick street in Delaney Park. Located in a premier downtown Orlando neighborhood, this property offers a lifestyle that's truly unmatched. One of the standout features of this remarkable home is its unbeatable location. Imagine starting your day with a leisurely stroll to the nearby Delaney Park baseball fields, tennis courts, and playground. You will relish the convenience of walking to Lake Davis and the sought-after Blankner K-8 and Boone High School. For those who crave the vibrant city life, this home is just a short bike ride away from the bustling SODO district, the Dr. Phillips Performing Arts Center, Thornton Park, and the trendy Hourglass District. Your options for entertainment, dining, and cultural experiences are virtually limitless. It's an ideal canvas for creating your dream home and a lifestyle that embraces the best of Orlando living. Don't miss your chance to transform this beloved property into your very own urban oasis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
Broker Associate
William Raveis Real Estate
Phone: 239.777.0741
Jerry.Wachowicz@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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,453 | $3,323 | $4,287 |
Total Monthly Payment | $3,545 | $3,415 | $4,379 |
* 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.