OWNER FINANCING: PRICED FOR IMMEDIATE SALE! Wife said, "liquidate this development property." Property valued at $469,000, reduced to $369,000 for quick sale. Potential 56 unit development site overlooking Lake Marie. Down payment $75k, Monthly payment $1,762.68, Loan amount $294k, Rate 6%, Loan length 30 years, 7-year Balloon payment $265,302.47. Well-elevated property in Town of Dundee and fronting Lake Marie. Easy access to I-4 (Orlando/Tampa). Located just off Scenic Hwy 17 for easy access to Hwy 27. Zoned for multiple family. Residential/land use is Medium Density Residential/ Owner has partially entitled the property (see concept for 56 apartments), this appears to be the highest and best property usage. However, it could be changed to Luxury single-family homes with large lots. MAKE AN OFFER!
Listed By: COLDWELL BANKER RESIDENTIAL RE
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