This lot is truly remarkable. As you can see in the pictures the tree growth is sporadic and the tree height is at a minimum so this lot can be easily cleared. A whole acre of land is here and buildable. There is some growth in this neighborhood with new homes being built however on Tamiami there are only 2 homes at this time on the whole street so there is a hard to find feeling of being in a rural community. There is no HOA but you will have access to 2 parks and a lake that provides excellent fishing opportunities. This community offers many amenities including a clubhouse, community center, youth center, library, and 2 parks one of which is on Lake Bonable. There is also a shuffleboard court and a horseshoe court. What a great place to have adventures with your family or friends who come to visit! Rainbow Springs, KP Hole, public golf courses and much more are nearby. Rainbow Lakes Estates MSD is to provide quality recreational opportunities and facilities to the residents and property owners. The community center, clubhouse, courts and ball fields are maintained through the collection of an assessment, which is part of the non ad valorem taxes on your annual real estate tax bill. The town of Dunnellon is about 15 minutes away. There you will have a Walmart and a Publix. There are numerous restaurants including Chinese, Pizza, Coffee at Dunkin, Swampy's Bar and Grill right on the beautiful and popular Rainbow River. Downtown Dunnellon has several antique stores that are in 2 story historic homes and they are such a pleasure to walk through. At Christmas I shopped Downtown Dunnellon antique stores and found several nice unique gifts. There are so many nice things that I could point out about this area but they are just too numerous for this platform. I suggest that you take a ride out there and see for yourself all of the golden opportunities this area offers. There is a newer hotel in Dunnellon that could be used for an overnight stay then you could adventure out again!
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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 | $16,800 | $16,800 | $16,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $115 | $112 | $144 |
Total Monthly Payment | $190 | $187 | $219 |
* 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.