Under contract-accepting backup offers. Exceptional location in one of the fastest growing areas of Marion County. This 1+ acre property is entered by a paved road, is cleared, and ready for construction. It is located directly on Hwy 27 with great visibility, less than 1 mile West of I-75, and across the street from a Publix-anchored shopping center that includes a UPS store, Subway, Roma Italian Restaurant, Tokyo Sushi, and Pizza Hut. Also in very close proximity is Gold's Gym, Recharge Clinic, McDonald's, Dunkin' Donuts, Regions Bank, Truist Bank, and Walgreens. A UF medical facility, two new hotels, and retail shops are either planned for or currently under construction within 2 miles. This location is also just 4 miles to the World Equestrian Center, the country’s largest and most esteemed equestrian facility spanning over 378 acres and home to restaurants, retailers, hotels, and host to year around horse events, festivals, conferences, and shows. The Ocala International Airport can be reached within about 10 minutes and the Gainesville Airport is less than one hour. This property is zoned B2, which includes, but is not limited to bank, fitness center, various retail sales and service, restaurant, and professional office. With zoning already approved, you'll just need to submit your plan to Marion County and SWFWMD. Engineering is already in place for water runoff for most any size building allowable in this sized space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,708 | $7,726 |
Total Monthly Payment | $5,760 | $5,833 | $7,851 |
* 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.