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Welcome to 935 NW 147th Terrace in Lake Butler, Florida—a picturesque 1+ acre wooded parcel in the quiet Lulu area of Union County, located in the desirable Jasmine Commons community. Just 3 miles southeast of Lulu and 10 miles northwest of Lake Butler, this pie-shaped lot sits on a cul-de-sac and fronts paved roads with electricity already in place. Approximately three-quarters of the lot have been cleared and maintained, and it includes a 2015 12x24 shed and a culvert—just add your well, septic, and vision. The serene, park-like setting offers endless possibilities, whether you envision a custom home, barndominium, or weekend getaway. While tucked away in a peaceful subdivision, the property is still close to everything you need. Lulu offers a charming small-town feel with local shops and community events, while nearby Lake Butler features a mile-wide lake, perfect for boating and fishing, as well as access to the scenic 47-mile Palatka-Lake Butler State Trail—a favorite for biking, hiking, horseback riding, and birdwatching. This unique parcel offers the ideal blend of privacy, natural beauty, and outdoor adventure, all within easy reach of Lake City and Gainesville. Don’t miss your chance to own this special piece of Florida countryside.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$52,500
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
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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 | $42,000 | $42,000 | $42,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $245 | $255 | $340 |
| Total Monthly Payment | $320 | $330 | $415 |
* 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.