4820 NW Blitchton ROAD, Ocala, FL, 34482 | $1,100,000

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.

Features

  • Lot Size: 220 x 160 x 220 x 160
  • Lot Desc: Buildable, Cleared, Level
  • MLS#: OM662062
  • Days on Market: 218 days
  • Website: https://www.raveis.com
    /prop/OM662062/4820nwblitchtonroad_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/21/2024 10:32:08 AM)
Listing courtesy of OCALA HORSE PROPERTIES, LLC   Phone: 352-620-0643

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4820 NW Blitchton ROAD, Ocala, FL, 34482

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,003 $5,781 $7,848
Total Monthly Payment $6,128 $5,906 $7,973

* 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.