This rarely offered, 1. 1-acre sized lot is nestled within the Lakeside Hills area of 'Florida famed' (820-acre) Georges Lake! The
majestically wooded lot and tranquil scenery will turn your dream lifestyle into a reality. The essence of this picturesque landscape is as enchanting as it is peaceful. . . . and it's the perfect place to build your forever home or a wonderful weekend get-away. Bring all of your outdoor toys and boat because you'll have plenty of room for them all! Plus, Georges Lake's public boat ramp is less than a mile from your property! Florahome is one of Florida's best kept secrets, known for its welcoming community and small-town charm! The location gives you the feel of living tucked away from all the hustle-n-bustle but with the ease of commuting to nearby, major cities being just a short drive away - 34 miles to Gainesville, 22 miles to Palatka, and 28 miles to Starke. Isn't it time you had the best of both worlds? Zoned R-1A for site built or modular homes only (no manufactured homes), with no impact fees in Putnam County. Property is located in the 'Basin Management Action Plan' (BMAP) impacted area which requires all new septic systems installations to be ENR-OSTDS/nitrogen-reducing systems. Buyer(s) should exercise due diligence. Seller may consider buyer's closing cost assistance with acceptable offer. This 1. 1-acre lot consist of 5 parcels (Lot 24-180825510661500240, Lot 25- 180825510661500250, Lot 26-180825510661500260, Lot 27-180825510661500270, Lot 28-180825510661500280).
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Our Executive Mortgage Banker:
Our Insurance Division:
$38,500
William Raveis Real Estate
Phone: 888.699.8876
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 | $30,800 | $30,800 | $30,800 |
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 | $205 | $205 | $260 |
Total Monthly Payment | $280 | $280 | $335 |
* 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.