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Presented by
The Magyar Team |
OWNER FINANCING AVAILABLE! Build your dream getaway or future home on this tranquil 1. 19-acre parcel nestled in the equestrian-friendly, amenity-rich Compass Lake in the Hills community, Jackson County, Florida. Located just minutes from spring-fed Compass and McCormick Lakes, this property offers access to boating, fishing, swimming, disc golf, a clubhouse, community pool, RV and cabin rentals, and more—while retaining optional HOA participation and voluntary annual fees. This level, undeveloped lot features electricity available nearby, but well and septic systems will be required—a common setup throughout the area. Vehicle and RV access is easy via maintained dirt roads, and mobile homes are permitted in the community. Imagine enjoying serene, forested surroundings, abundant outdoor recreation, and a peaceful rural lifestyle while still being within easy reach of Marianna and Panama City. Whether you're looking to build now or hold for future potential, this is an opportunity you won't want to miss. For directional purposes only, the property is located across the street from 2635 Hocking St, Alford, FL 32420.
All information deemed reliable but not guaranteed; buyer to verify all details with appropriate authorities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,400
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.7800
TheMagyarTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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| Loan Amount | $10,720 | $10,720 | $10,720 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $61 | $65 | $87 |
| Total Monthly Payment | $136 | $140 | $162 |
* 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.