**UNIQUE OPPORTUNITY FOR INVESTORS - BETWEEN THE HISTORIC DOWNTOWN OCALA AND THE SILVER SPRINGS STATE PARK!!
Pointe at Silver Springs is a 68-townhome development on 5.48 AR-3 zoned acres in Silver Springs Shores, Marion County — 2 minutes from the Walmart Supercenter, 7 minutes from Silver Springs State Park, 8 minutes from the Marion County Hospital District, and 19 minutes from Ocala's Downtown Historic Square, with restaurants, retail, and schools across the surrounding corridor.
Land cost is $1,950,000 two lots-
Lot/phase I (1.30 acres, 18 units) is fully approved under Marion County AR#29072 — architectural, civil, and MEP plan sets are stamped and ready to permit.
Lot/phase II (4.18 acres, 50 units allows by Zoning Department) is queued for the same site.
Studies, approvals, and documents available upon request with an LOI.
2811 NE 52ND COURT, Silver Springs, FL, 34488
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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