Great price reduction. HANGAR HOME on 10. 4 Acres is believed to be the biggest lot in the neighborhood. The oversized hangar has room for 2 planes and an RV. Flying Oaks is a pristine aviation community in the country with lots of greenery; Most lots are one to four acres with hangars and homes. Runway18/36 is a lighted turf runway 3375' long by 50' wide. The runway is reasonably close to the home. FL10 Little River Airport is a private airport for its residents. Flying Oaks, Flying Little River, Aero Place Estates and Little River Acres are all subdivisions of FLR homeowners Association. This airpark in Northern Central Florida is a fantastic place to keep your prized aircraft. Imagine hopping on your plane flying East before dawn while watching the Sunrise on the Atlantic Ocean. Rather a sunset person? Then fly West to watch the sunset on the Gulf of Mexico. Love short trips? Fly over and land on Dog Island for a picnic. Jacksonville, Tallahassee, Gainesville, or Valdosta Georgia are also a short jaunt by plane. There are endless possibilities for your fun flight itinerary in sunny FL so let’s get back to Hangar talk. The hangar is 49'WX56'L and is approximately 2, 744 sq ft, North hangar doors are 14' height and slide sideways to open out to 49ft. Inside hangar has many electrical outlets, sink, refrigerator, direct access to the bathroom & an area with a clean out & hook up for RV. The South side has a sliding hangar door 14ft height. On the East side of the hangar is an RV carport w/ cleanout & electric hookup. The apartment on the Westside of the hangar has1 bedroom, a living room that has a closet so it could serve as a 2 bedroom, dining room, kitchen, & bathroom. The main rooms have built in speakers for playing ambient music. The Living room is quite versatile and could be used as an office, home theater, flight simulation and gaming room, fitness area, or guest suite. The kitchen and dining area is quite cozy. Inside the bathroom is an indoor air-conditioned laundry room. The 12'W by 56'L screened porch overlooks the vast foliage, magnificent green trees, and the small creek that runs through the West side of the property. There is a hook up at the South end of the porch for a hot tub. The hangar sits at a much higher elevation than the creek. The property line goes beyond the other side of the creek. Most of the land on this property is very private, in fact the street that leads you to this property dead ends just before the creek. Nature abounds in the wooded areas. It is common to see wild turkey, deer, cardinals, pileated woodpeckers, and hawks. On the Southside of the property behind the hangar is another metal shed about 720 square feet with electric and lighting. The water heater is hooked up to solar panels. Cable and internet services are available. The property is on a well that is about 140ft deep. The Sellers hangar is in Flood Zone X. 70 pictures have been uploaded and the video link provides aerial and interior views of the hangar, home, and runway. There is plenty of land to build a main house and then the hangar apartment could be converted into a pilot’s lounge. This property offers the benefits of acreage and privacy in a warm climate surrounded by national and state parks where you can fish, boat, hike, canoe, swim, and dive twelve months out of the year. Are you yearning for Hangar Talk and more time to fly your aircraft? Time to Buy More time to Fly!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $407,920 | $407,920 | $407,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $123 | $123 | $123 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,714 | $2,711 | $3,498 |
Total Monthly Payment | $2,929 | $2,926 | $3,713 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.