5125 REDD LANE, SAINT CLOUD, FL 34771
$839,000
Residential Lots Taxes: $9,348.00 Type: Residential Listed on 04/25/2019 MLS # O5779733

Description of 5125 REDD LANE, SAINT CLOUD, FL 34771

INVESTORS DREAM!!! Near the growing LAKE NONA and MEDICAL CITY!!! There are 5 income generating homes on this beautiful 5 acre lot with lake frontage, generating $4,500/month and another that can be easily repaired that was damaged from the last hurricane. Keep them and build around it or tear down existing homes and build a new community. Comes with preexisting plans to split land into 12 lots to build 12 homes with 3 of them on the lake. The possibilities are endless!!!

Directions to 5125 REDD LANE, SAINT CLOUD, FL 34771

going south on Narcoossee, turn left onto Redd Ln

Features of 5125 REDD LANE, SAINT CLOUD, FL 34771

Lot

  • Frontage: 400
  • Lot acreage is: 4.84
  • Lot dimension is: irregular
  • Lot zoned: OAC
  • Subdivision: NARCOOSSEE NEW MAP

Utilities

  • Sewer

Other

  • Tax year: 2018

Mortgage Payments for 5125 REDD LANE, SAINT CLOUD, FL 34771

The approximate monthly Principal & Interest payment for this property would be $4,428. This payment is based on a 30-year loan at a fixed rate of 4.10 % with a down payment of $83,900. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.