This property can be split into 2 lots, so you can build 2 houses. Mostly cleared, save thousands of dollars in tree clearing costs. No flood zone, New construction homes a few lots down. Perfect for developers to build two houses side by side here in Rainbow Park. This property is Marion County PARCEL NUMBER 2002-077-009. No HOA. GPS coordinates to center of property: 29. 162130, -82. 367625. Enter coordinates into Google or Apple maps for directions. No mobile homes are allowed. On almost 1/2 acre, there is enough land for your home, swimming pool, AND a workshop, or 2 homes. You can build on one and save the other lot for investment. Near the World Equestrian Center, Rainbow Springs State Park, crystal clear Rainbow River, shopping, and multiple golf courses, all without the busy city feel. Close enough to take a day trip to Crystal River and the gulf of Mexico. Seller has other double lots in the same subdivision available, ask for a list. Priced to move quickly.
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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 | $23,110 | $23,110 | $23,110 |
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 | $154 | $154 | $195 |
Total Monthly Payment | $229 | $229 | $270 |
* 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.