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000 NW 35TH STREET, Ocala, FL, 34475 | $899,000
This development is ideal for large lots and wooded natural areas. The surrounding neighborhood is low density moderate executive homes. The seller-builder says utilities are brought near the edge of the parcel. The partners had some plans and site surveys completed twenty years ago, and haven't proceeded on this project due to a retiring partner. The remaining seller is a wealth of knowledge. According to seller the city of Ocala currently prefers a lower density 8-10 lot project, with the 71 feet ingress off NW 35th street as an acceptable variance. Although the R3 zoning allowed 12 units per acre, recent prospects couldn't get that density past approval. The seller says he predicts the 8-10 parcels would work from city comments last year, and a couple low spots fit in better with that plan. Previous buyers estimated eight usable acres, and the remaining 6 acres for natural space and detention area. one seller partner Jeff is a builder in the area and may like to discuss the homebuilding phase of development. Buyer should verify everything important to buyer. Ocala Florida is influenced by a large equestrian community in the area. And spacious homesites are popular! The growth, the expanding economy, distribution, and National businesses moving to the area create opportunity for developers, employments and need for residential projects. The high school is wlking distance down NW 2nd Ave. Other amenities close by.
Features
- Lot Size: 380 x 960
- Lot Desc: City Lot, Oversized Lot, Wooded
- View: Park/Greenbelt
- MLS#: TB8350941
- Days on Market: 173 days
- Website: https://www.raveis.com
/prop/TB8350941/000nw35thstreet_ocala_fl?source=qrflyer
Listing courtesy of Keller Williams Realty- Palm H Phone: 727-772-0772
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
000 NW 35TH STREET, Ocala, FL, 34475
$899,000
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 | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,140 | $4,312 | $5,972 |
| Total Monthly Payment | $4,232 | $4,404 | $6,064 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388