1. 35 acres, zoned O1, in Shady Road Professional Center. Located next to several professional office buildings and is centrally located. Property is close to Paddock Mall and has easy access to I-75. It is also close to the best retail, restaurant and lodging amenities in Ocala. Marion County has an estimated population of 378, 613. The city of Ocala, the County Seat since 1845, is called The Crossroads of Florida because of its proximity to major roadways and a location central to both East and West coasts and North and South Florida. Ocala is bountiful with rich history, charming tree lined streets and lovely Victorian homes. Ocala has the culture, vitality, and diversity of a much larger city. Yet Ocala provides an idyllic setting for outdoor lovers as well with its 389, 000 acre Ocala National Forest, scenic countryside, grand country manors, spectacular horse farms, fresh water fishing, golfing, riding and abundance of other recreational activities.
Highlights: For Sale for development or investment, 1. 35 acres, Highest and best use zoning O1, Ingress and egress from SW 33rd Street, Marion County Parcel ID #23720-006-00, Located in Shady Road Professional Center, next to several professional offices, Centrally located, one mile from I-75
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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 | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.292% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,555 | $1,536 | $1,970 |
Total Monthly Payment | $1,630 | $1,611 | $2,045 |
* 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.