This double-sized property provides twice as much space for custom block or manufactured home surrounded by peace, privacy and the natural beauty of Florida. An excellent investment opportunity as the site is zoned R4 Residential-Mixed use so it can have a two homes; the second being smaller in square footage...think rental. Take advantage of the freedom to create your ideal rural retreat. You can build a custom workshop, hook up your RV add a pool or design an equestrian-inspired estate-all no HOA or CDD fees. You'll be only a short drive to Rainbow Springs State Park, shopping, dining, medical facilities and schools while being convenient to the World Equestrian Center and Florida's Greenway and I-75.
TBD SW 16TH PLACE, 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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