23+- Acre Farm with a POND!! The home is a 3/2 Split Plan CB/Stucco with a 10 stall Center Aisle Frame Barn, Round Pen and Sand Arena (Currently grassed over). This property is located in the "Farm land Preservation Area" of Marion county in Morriston ( a sister city to Ocala, Fl. ) Your neighbors are mostly large Farms. Only 10 minutes from the quaint town of Williston for Shopping, Dining, Banking etc. A mere 20 minute drive to Ocala, the destination point featuring "The World Equestrian Center". You will find activities from Expos, Horse Shows, Dog Shows, Home Shows , Concerts , Dining and a Fine Hotel. If you are looking for a quiet peaceful area to make your Home OR create income from an Airbnb. . . This fits the bill. Enjoy what North Central Florida is all about. Horse trails, Kayaking, Swimming, Cave Diving & Fishing is a short 30 minute drive. No Deed Restrictions or Home Owners Association. Bring your Animals, have a garden. The home has pretty laminate flooring with no carpet. There is a living room with a cozy Fireplace and a Den that leads out to a covered Back Porch with long private views of the property , perfect for entertaining or just a glass of wine with the firepit lit. Currently using high speed Century Link internet, Starlink is available as well. This property features an inground Propane tank that fuels the Generator and Instant Hot Water. The Septic tank and lines were replaced in 11/2023. HVAC replaced in 2017. Want more acreage or a Family compound? Check out An Additional 28+- contiguous acres with a 3/2 House that is available as well. (See MLS # OM670403. (10911 NW 160th Ave. Morriston).
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Contact@raveis.com
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 | $1,199,200 | $1,199,200 | $1,199,200 |
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 | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $293 | $293 | $293 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,181 | $7,878 | $10,695 |
Total Monthly Payment | $8,599 | $8,296 | $11,113 |
* 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.