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118 NE Tuscawilla AVENUE, Ocala, FL, 34470 | $387,500
Right in the heart of the Tuscawilla Historic District and within a hop, skip, and jump to Tuscawilla Park and Downtown Ocala, you'll find this charming historic building in the midst of the Midtown Revitalization area. With lots of brand-new businesses and restaurants coming into this revitalization area, this is the perfect chance to renovate this building and bring your vision to reality. The FBC (Form Based Code) zoning of this property allows for Residential, Commercial, or Multi-Family which opens the door to tons of housing/business opportunities. A step inside the front door and you'll find the charm of years past, including the original natural wood, accessorized with engineered wood and ceramic tile floors throughout. On each side of the entry, you'll find a large office/room and 2 separate restrooms each with multiple stalls & a sink. Just past that, the floor plan opens to a huge main room with cathedral ceilings and a large stage. A staircase brings you up to the upper-level balcony and 2 extra rooms. Off the rear of the building, there is a deck area with handicap accessible ramp. This is truly a magnificent opportunity to join in on the revitalization in the area and bring another new business/housing opportunity to the area.
Features
- Property Type: Mixed Use
- Construction: Metal Frame, Wood Frame
- Garage: 1 to 5 Spaces
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Year Built: 1914
- Approx Sq. Feet: 4,028
- Acreage: 0.17
- Est. Taxes: $4,773
- Lot Desc: Corner Lot, Historic District, City Lot, Landscaped, Sidewalk
- MLS#: OM682119
- Days on Market: 90 days
- Website: https://www.raveis.com
/prop/OM682119/118netuscawillaavenue_ocala_fl?source=qrflyer
Listing courtesy of RE/MAX ALLSTARS REALTY Phone: 352-484-0155
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
118 NE Tuscawilla AVENUE, Ocala, FL, 34470
$387,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $310,000 | $310,000 | $310,000 |
| 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 | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $398 | $398 | $398 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,062 | $2,060 | $2,614 |
| Total Monthly Payment | $2,535 | $2,533 | $3,087 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388