**Property Description: **
Discover your perfect retreat on this stunning 6-acre property, zoned A-1, located next to Orange Lake in Citra, Florida. This spacious parcel offers an ideal location to build your dream home while comfortably living in the existing mobile home.
** Manufactured Home Features (post 1977): **
- **Built in Alabama: ** Designed to withstand cold winters with its sturdy construction.
- **Energy Efficiency: ** Equipped with double pane windows, sheetrock walls, and double insulation in the ceiling, ensuring a comfortable and energy-efficient living space.
- **Spacious Layout: ** This 4-bedroom, 2-bathroom home features an open concept design, creating a warm and inviting atmosphere.
- **Kitchen: ** A large kitchen with an island provides ample space for cooking and entertaining.
- **Living Room: ** Cozy up by the wood-burning fireplace in the living room, perfect for chilly evenings.
- **Dining Room: ** Enjoy meals with a view, as the dining room overlooks the serene pasture.
- **Master Suite: ** The master bathroom includes a garden tub, separate shower, and a walk-in closet, offering a private oasis within your home.
- **Convenience: ** Inside laundry, along with well and septic systems, add to the practicality of this home.
Additional Amenities:
Storage: The property includes a dedicated shed for storage, ensuring you have plenty of space for tools and equipment.
Feed Shed: Another shed is available for feed storage, ideal for those planning to keep animals on the property.
Chicken Pen: A ready-to-use chicken pen offers the opportunity to raise chickens and enjoy fresh eggs daily.
**Endless Possibilities: **
- **Future Home: ** Once your new home is built, the mobile home can be rented out, used as a mother-in-law suite, or as a home for perhaps other family.
- **Equestrian Potential: ** With plenty of space to build a barn and stables, this property is perfect for horse lovers. Consider renting out the stables for additional income.
**Prime Location: **
- Conveniently located just off of 301 in Citra, you’re only 12 miles from Hawthorne, 25 miles from Gainesville, 18 miles from Ocala, and 22 miles from Williston. This central location provides easy access to nearby towns while maintaining the tranquility of rural living.
This property offers the perfect blend of comfort, convenience, and potential, making it an excellent investment for those looking to build a future in a peaceful, scenic setting.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$380,000
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 | $304,000 | $304,000 | $304,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,074 | $2,020 | $2,607 |
Total Monthly Payment | $2,348 | $2,294 | $2,881 |
* 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.