2200 SE 175th STREET, Summerfield, FL, 34491 | $739,000

09/2023 APPROVED ZONING CHANGE A1 Located in Marion County, minutes from Florida Horse Park, a 50-acre farm is ideal for equestrians! The property includes a single-family pool house; 5 multiple lit-up paddocks; a 4-car parking lot; an attached office or possible apartment; a 12-stall barn with an oversized foaling or stallion stall, a tack room, a wash rack, a grooming area, and equipment storage. There are three bedrooms and two bathrooms in this single-family pool home.

A wood-burning fireplace and original hardwood floors are among the interior features. Decorative wood accent walls, vaulted ceilings, transom windows, a private bathroom with a walk-in shower, solid wood cabinets, and transom windows let natural light into the kitchen. The primary bedroom has a large, designated laundry/mud room that leads to a picturesque screened-in pool.

It is surrounded by breathtaking mature oak trees and pasture and can accommodate a variety of livestock. There are two septic tanks on the property and a well. The property can also be accessed via an easement from SE 178th Street. The World Equestrian Center, Ocala International Airport, I-75, the Villages, shopping, restaurants, and medical facilities are all nearby.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 1320 x 1650
  • Year Built: 1951
  • Garage: Driveway, Guest, Off Street, Oversized
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,374
  • Acreage: 50
  • Lot Size: 1320 x 1650
  • Est. Taxes: $2,303
  • Lot Desc: Cleared
  • Elem. School: Belleview Elementary School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Pool: Gunite, In Ground, Lighting, Other, Screen Enclosure
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • MLS#: OM648483
  • Days on Market: 317 days
  • Website: https://www.raveis.com
    /prop/OM648483/2200se175thstreet_summerfield_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 5/8/2024 12:42:26 AM)
Listing courtesy of SELLSTATE NEXT GENERATION REAL   Phone: 352-387-2383

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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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2200 SE 175th STREET, Summerfield, FL, 34491

$739,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $591,200 $591,200 $591,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.538%
Monthly Tax Payment $192 $192 $192
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,983 $3,929 $5,069
Total Monthly Payment $4,267 $4,213 $5,353

* 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.