10891 NW 160th AVENUE, Morriston, FL, 32668 | $1,499,000

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).

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Contemporary
  • Year Built: 2006
  • Garage: 1-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,794
  • Acreage: 22.7
  • Est. Taxes: $3,517
  • Lot Desc: Farm, Landscaped, Pasture, Zoned for Horses
  • Pet Policy: Yes
  • Appliances: Cooktop, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: OM670429
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/OM670429/10891nw160thavenue_morriston_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 5/15/2024 10:02:14 AM)
Listing courtesy of DESIREE BARBAZON REALTY   Phone: 352-812-0674

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NMLS Mortgage Loan Originator ID 16953

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10891 NW 160th AVENUE, Morriston, FL, 32668

$1,499,000

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 $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.