Under contract-accepting backup offers. Unique 11 acre lot near Lake Sampson in Starke FL with over 600 ft of road frontage on CR 225. Build your dream Florida home (now or in the future) in a premium location with lots of natural privacy. There are 7+ acres high and dry which are zoned Rural Residential allowing site built, mobile homes, or future livestock and horses! The other 4 acres are zoned AG-2 and are mostly wetlands (delineation report available). No HOA, low taxes, no flood insurance and privacy on all sides - this opportunity will not last long! Electric on street. Well and septic required. Ideal location just minutes from Lake Sampson and a short drive to the town of Starke (8 miles) and Gainesville (26 miles). There is an existing lime rock road and culvert in the SW corner leading to an small neighboring cemetery (no longer used, see boundary survey for info) which crosses the low lands and should provide significant cost savings on mitigation. This driveway would need to be further extended (and potentially upgraded) to access the uplands for future construction. Boundary survey, wetland delineation survey and zoning confirmation available on request. Contact us today to learn more! Photo lot lines approximate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
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 | $79,200 | $79,200 | $79,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $527 | $526 | $668 |
Total Monthly Payment | $602 | $601 | $743 |
* 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.