Under contract-accepting backup offers. Come and Enjoy all that Ocala and Palm Cay have to provide This spacious and peaceful home is situated near the back of this 55+ community allowing for peace and quiet. Be greeted by the lovely front porch and the beautiful Palm Tree. This home would be a great primary residence or a wonderful seasonal home. This home can come with or without furniture making it truly move in ready! Both bedrooms are roomy enough to “live in”. Additionally, there is a rear living room providing additional space which is atypical to most homes in Palm Cay. This living space could be used for a home office or for extended family to stretch out.
This home has been well cared for throughout. Upgrades include; A new motor (2018) for the Trane AC, A whole house HEPA filter system, a newer roof (2015) and a new water heater (2024). Additionally, a new septic tank will be installed prior to closing. Many of the home lights are LED lights. The owner is leaving most of the tools, the lawn mower, the carpet shampooer and the robo vacuum, as well as the washer and dryer. If you are looking to escape the Northern snow, this home is truly move in ready, so pack your bags and head on down today!!
Palm Cay offers a beautiful community center with many activities and a pool. It is minutes from SR 200 with shopping, restaurants and doctors all readily available. The HOA fee is very low and you can enjoy the peace of living close to town without all the chaos. Come and see for yourself.
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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 | $151,999 | $151,999 | $151,999 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $56 | $56 | $56 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,010 | $1,303 |
Total Monthly Payment | $1,142 | $1,141 | $1,434 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.