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Ready to build your home from the ground-up? This 1-acre parcel in Rainbow Lakes Estates is an inviting option with a fantastic location! Along a paved road with stunning pine trees still in place, this parcel offers a classic Florida landscape with ample opportunity to customize. This parcel provides lots of privacy in its current state, with none of the neighboring lots currently developed. Located just to the north of Rainbow Springs and Downtown Dunnellon and conveniently close to the Goethe State Forest, this parcel provides easy access to many outdoor options including boating, fishing, hiking, picnicking, and more. Rainbow Lakes Estates provide deeded access to a private recreation area with picnic areas, swimming, boating, and tubing. Ocala is just a scenic 40 minute drive away, while Gainesville is just a quiet 50 minute drive for those considering this location. Both Ocala and Gainesville offer a diverse selection of shopping, dining, medical, and entertainment options all year long, making this a highly convenient option for those looking to explore the greater Central Florida area!
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:
$21,000
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 | $16,800 | $16,800 | $16,800 |
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 | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $112 | $112 | $144 |
Total Monthly Payment | $187 | $187 | $219 |
* 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.