Discover an exceptional opportunity awaiting you on this . 25-acre lot in the coveted Florida Orange Grove of Ocala, FL! Boasting a 'high and dry' status, this plot comes complete with a pre-existing septic system and a power pole, presenting an ideal foundation for building your dream home or investment property. Furthermore, the presence of a pre-installed septic system & electric pole not only streamlines your development plans but also offers the opportunity to save significantly on impact fees. Nestled in the tranquil and highly sought-after SE Ocala area, this land promises an ideal setting for your future home or investment venture. Embrace the potential this lot offers and visualize the possibilities for your envisioned project. Don't miss out – schedule a visit today and seize this chance to transform your dreams into reality in the heart of Ocala, FL. Also available is another . 25 acre parcel, MLS # OM689627 or both . 25 acre parcel together is MLS #OM689492, as a . 50 acre parcel.
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Our Executive Mortgage Banker:
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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 | $24,000 | $24,000 | $24,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $164 | $160 | $206 |
Total Monthly Payment | $239 | $235 | $281 |
* 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.