Offering is for 19.39+/- Acres on Rolling Acres Rd. & Oak St. Zoned CP (commercial plan), City of Lady Lake, next to The Villages. FDOT 15,300 Avg Trips per Day, City Utilities Available, property is an assemblage of 3 parcels Lake County Alt Keys #1279542, 1809100 & 1809118. Value is in the land there is a 4/2 block house on property with no value attributed and may be entered ONLY during due diligence.
Potential uses include but not limited to single or multi-family, office, professional, commercial, medical, and retail. Property is located on Rolling Acres Road between US Hwy 441-27 and CR 466 two of the busiest corridors in The Villages and a short drive to the Florida Turnpike or I-75 and an hour from Orlando. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
451 Rolling Acres ROAD, Lady Lake, FL, 32159
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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