5917 NW 1st Street, Ocala, FL, 34482 | $475,000

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Beautifully built brand new duplex available in an extremely convenient location to WEC, HITS, downtown
Ocala, I75, and grocery store. WEC is under 10 minutes from the units and HITS is under 20 minutes. This is
an incredible opportunity for an income producing asset in the heart of the Horse Capital of the World. Each
unit features 1, 124sqft of space which includes 3 bedrooms and 2 bathrooms, an open floor plan through the
living and kitchen area, as well as tasteful and timeless style. Upgrades such as the laminate flooring throughout, window treatments, ceiling fans, and tile showers take these units a step above your typical investment property. This lot features a large backyard space for both units as well as an oversized parking area in the front framed by professional Florida style landscaping that is maintained by an automatic irrigation system. This is a dream deal for any investor looking to rent/Airbnb or the equine enthusiast looking for staff housing. Owner financing available.

Features

  • Units: 2
  • Laundry: Inside, Laundry Closet
  • Year Built: 2024
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,248
  • Acreage: 0.36
  • Est. Taxes: $704
  • MLS#: OM689286
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/OM689286/5917nw1ststreet_ocala_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 11/24/2024 11:32:07 PM)
Listing courtesy of NEWGATE REALTY, LLC   Phone: 859-621-0829

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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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Our Insurance Division:

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5917 NW 1st Street, Ocala, FL, 34482

$475,000

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 $380,000 $380,000 $380,000
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 $59 $59 $59
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,528 $2,526 $3,258
Total Monthly Payment $2,662 $2,660 $3,392

* 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.