FIVE ACRE PRIVATE AIRPORT PROPERTY IN MELROSE LANDING WITH PAVED RUNWAY NEAR HISTORIC MELROSE FLORIDA. The 2/2 Log Home needing work has metal roof, fireplace and open floor plan. It's all fenced, paved on two sides and has 349 ft of frontage on the taxi way. The private airport features 3200' lighted paved runway with a 1200' sodover, and a member community center. Whether you fly, have big hobbies needing lots of room or just wanting some good ole rural country living, then this is the place it could all happen for you. In Melrose you'll find only one traffic light but this friendly little town has restaurants, grocery stores, shopping, lots of live music, Senior Center, doctors, farmers market, library, art shops, music store and our beautiful pristine 6000 acre Santa Fe Lake for all your recreational pleasures, swimming, wake surfing, kayaking, skiing, sailing and more. This location is also an easy commute to Gainesville, Palatka, Starke and Ocala Florida. Fly in or drive over to see what a different way of life it is out here in Rural America. For more airport info go too: www. Melroselanding. org. www. historicmelrose. com. Note: Photos include older, recent and around Melrose pictures.
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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 | $215,920 | $215,920 | $215,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,473 | $1,435 | $1,821 |
Total Monthly Payment | $1,548 | $1,510 | $1,896 |
* 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.