THE RAREST OF ALL PROPERTIES! This owner financed property is located in the Ocala National Forest and includes a Lake and six individual building lots. Tobe Lake is approximately 42 acres in size and has 1, 754 feet bordering the Ocala National Forest. At closing you will receive a 13. 52 acre Warranty Deed to the Lake, 5 individual lake lots and & one lot across the street from Tobe Lake as highlighted on the attached plat map. 15. 37 ACRES TOTAL FOR $485, 000! The lake portion is tax free! NO HOA! The lots are zoned R-4 which permits a mobile home, stick built or block home. This is an excellent site for (CRC) remote control model boat hobby, fishing, jet skiing, boating, or kayaking. A fantastic site for six new home sites, homestead, rental retreat or investment. Each parcel number and lot size is as follows:
3264-004-000 (13, 52 acres)
3264-006-004 (. 25 acre)
3264-006-005 (. 30 acre)
3264-006-007 (. 49 acre)
3264-005-006 (. 36 acre)
3264-006-012 (. 20 acre)
3264-006-013 (. 25 acre)
TOTAL ACRES = 15. 37 AT $485, 000 FOR ALL. Seller will accept cash or will accept half down payment and owner finance the balance at 8% interest for 15 years. Buy all or the owner will sell half of the lots with half of the lake portion as follows:
1. ) Sellers will sell Lots 4, 5, and 7 , Block F of Land-O-Lakes Estates and the West half of Tobe Lake for $250, 000 for cash or half down and owner finance the balance at 8% interest for 15 years.
2. ) Sellers will sell Lots 12, 13, Block F and Lot 6 Block E of Land-O-Lakes Estates and the East half of Tobe Lake for $250, 000 for cash or half down and owner finance the balance at 8% interest for 15 years.
3. ) Owners will consider other split up of the lots. Options on a case by case basis. Let us know what works for you. An excellent family compound for each family member to build their own home on when ever they want. Hurry! It won't last long! Permanent Privacy!
These lots are located in the Ocala National Forest which affords you almost a ½ million acres of Forest to roam, 600 lakes, 2 rivers, Juniper Springs, Silver Glen Springs, Salt Springs, Swimming, Skiing, Big BASS Fishing, Boating, Camping, Hiking, Horse back riding and some of the best ATV riding anywhere. Daytona Beach is just 1 hour away. Let the fun begin! You need it!
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William Raveis Real Estate
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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 | $388,000 | $388,000 | $388,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,579 | $3,272 |
Total Monthly Payment | $2,656 | $2,654 | $3,347 |
* 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.