Fantastic opportunity to own this vacant corner lot in the growing community of Rainbow Park. This property is ideal for building your dream home or as an investment in a high-growth area with no HOA. Located just minutes from the crystal-clear waters of Rainbow Springs State Park, the lot offers easy access to outdoor activities like kayaking, tubing, hiking, and nature walks. It’s also a short drive from the World Equestrian Center, a premier destination for equine events, dining, and entertainment, as well as Downtown Ocala’s charming historic district and local shops. The area is experiencing rapid residential development and increasing demand, making it an excellent choice for investors and builders. Enjoy nearby access to SR-40 and US-41, providing quick routes to Dunnellon, Crystal River, and I-75. Surrounded by natural beauty, outdoor adventure, and community growth, this lot is a smart buy in one of Marion County’s most promising locations.
0 SW 157TH COURT, Ocala, FL, 34481
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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