12695 NE 25th AVENUE, Out of Area, FL, 32617 | $774,900

Under contract-accepting backup offers. Exclusive opportunity to own a truly unique property featuring 2 homes and a pool on 5 acres. Perfect for those seeking a private rural property with rental income potential or multi-generational living. Nestled behind a secure electric gate, this fully fenced acreage offers both privacy and tranquility. With mature trees for shade, attractive landscaping, and plenty of open space - there are lots of possibilities.

Main Home: 3-bedroom, 2-bath split floor plan with 2-car attached garage. The great room features a cozy fireplace. Updated kitchen. Both baths have been recently upgraded to spa-worthy spaces with the master bath featuring a soaking tub and separate shower. Outside, enjoy your own oasis with a private fenced pool, outdoor shower and screened back porch. Other recent upgrades include air conditioning system and hot water heater. Additional features include a detached garage and workshop equipped with electricity and water - ideal for storage, extra parking or a place for hobbies.

Second Home: 2-bedroom, 2-bath split floor plan, fantastic for rental income opportunity or space for extended family or guests. The master suite includes a walk-in closet and walk-in shower. This home also offers separate laundry room, reading room/den and plenty of storage. Plus there is 1. 5-car garage for additional parking, storage or hobbies. Enjoy the peaceful screened room overlooking the landscaped grounds, adding to the charm of this guest house.

Both homes are well maintained. Separate wells and septic systems ensure self-sufficiency and efficiency. The grounds have plenty of space for homesteading, gardening, animals, room to expand, or simply enjoy the privacy of country living.

This is more than just a place to live; it is a remarkable property with 2 homes that offers endless possibilities for creating the life you've always dreamed of. Opportunities like this, with the combination of privacy, space, and income potential are a rare find. So if you're looking for space to breathe, relax, grow or earn - this is it! Conveniently located between Ocala and Gainesville, Florida for easy access to shopping, dining, entertainment and medical care.

Features

  • Rooms: 6
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Inside, Laundry Closet, Laundry Room
  • Style: Traditional
  • Year Built: 1996
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,009
  • Acreage: 5
  • Est. Taxes: $4,220
  • Lot Desc: Cleared, Farm, In County, Landscaped, Zoned for Horses
  • View: Trees/Woods
  • Elem. School: Sparr Elementary School
  • Middle School: North Marion Middle School
  • High School: North Marion High School
  • Pool: Gunite, In Ground, Salt Water, Solar Cover
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • MLS#: OM685078
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/OM685078/12695ne25thavenue_outofarea_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 5:35:00 PM)
Listing courtesy of RE/MAX FOXFIRE - HWY 40   Phone: 352-732-3344

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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12695 NE 25th AVENUE, Out of Area, FL, 32617

$774,900

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 $619,920 $619,920 $619,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $352 $352 $352
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,767 $3,767 $4,899
Total Monthly Payment $4,211 $4,211 $5,343

* 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.