Come make your dreams a reality here! 5 acres, with No HOA, zoned Agriculture, in Groveland! Located just a few hundred feet off a paved road you will find yourself at this property that is graced with numerous beautiful large old oak trees. For you, there is a 3 bedroom 2 bath double-wide manufactured home. It offers a split floor plan, dining room, and there is also an additional large room that you will find behind sliding barn doors - currently used as a 4th bedroom, but would also make a great Den, Play Room, you name it! There is ample storage right out the front door with 2 separate storage rooms under roof on the front porch. Speaking of outside, 5 years ago major updates included a new metal roof, all new vinyl siding and a new A/C unit! Back to inside, the Oven & Washer were both replaced last year. Live in this home as-is, remodel & make it your own or live in it temporarily while you build your Dream Home! For that extra monthly income, there is an Efficiency style shed-turned-Tiny-Home that is currently Tenant occupied. Surrounding vegetation & its own driveway give plenty of privacy. Or down the road, use it for your long term guests! Speaking of family, bring your Horses!! There is a 2020 barn that offers 3 stalls plus a tack/feed room, 1 good sized paddock and plenty of land to add whatever you wish - arena, round pen, more paddocks! Love to compete? You are only 50 miles from Ocala & WEC! We haven’t forgotten our little farm animal friends - there is also a chicken coop and another small animal shelter. Have other hobbies, Love fishing? Store your boat on your own property & drive 15 minutes to one of two public boat ramps giving you access to either the Clermont Chain of Lakes or the Harris Chain of Lakes. Want numerous shopping, restaurant & medical options? Clermont is a short 15 minute drive away and offers all this and more! If you are missing anything else, being just minutes from the Turnpike, you are only a 35 minute drive to Orlando!
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
William Raveis Real Estate
Phone: 888.699.8876
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $279 | $279 | $279 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,374 | $2,345 | $3,008 |
Total Monthly Payment | $2,728 | $2,699 | $3,362 |
* 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.