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Oversized lot available in Ocala’s Silver Springs Shores – Unit 20. Unlock the potential of over a quarter-acre nestled in one of Marion County’s most desirable areas. This oversized lot, zoned R-1 for single-family dwellings, offers approximately 75 feet of frontage, 142 feet of depth, and 87 feet of rear yard, providing generous space for an ideal home with an expansive backyard that could include a pool, garden, workshop, or shed. With no HOA or CDD fees, you’ll enjoy freedom and flexibility without added costs. Plus, you’ll have peace of mind knowing the property is located in a no-flood zone. Less than 2 miles away are Lake Diamond Golf & Country Club and Ocala Greenway Disc Golf Course. Nature lovers will adore the proximity to Marjorie Harris Carr Cross Florida Greenway Park and Baseline Trailhead Park, offering miles of scenic trails for hiking, biking, horseback riding, and serene walks. This homesite is conveniently located near vibrant downtown Ocala with its restaurants, retail shops, and amenities, while still granting easy access to the tranquility of the Ocala National Forest and Florida State Road 40. From here, drive straight to either the Atlantic Ocean or the Gulf Coast, embracing all the best Florida has to provide. Design your dream home—minutes from nature, moments from town. Adjacent neighbors address is 5131 Pecan Rd, Ocala, FL 34472 and 1 Pecan Radial, Ocala, FL 34472. GPS Coordinates: 29°08'30. 4"N 82°01'33. 6"W.
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Our Executive Mortgage Banker:
Our Insurance Division:
$39,900
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 | $31,920 | $31,920 | $31,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $181 | $191 | $255 |
| Total Monthly Payment | $256 | $266 | $330 |
* 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.