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* * PRICED TO SELL * * Discover this beautiful 32. 47 Acre vacant parcel fronting scenic Fisher Road in Ocklawaha, Florida—Zoned R E (Residential Estate) for low-density Residential or Agricultural use, with No HOA. The property includes an existing POTABLE WATER WELL (suitable for drinking); a pump and pressure tank will need to be installed to make it operational. The R E (Residential Estate) zoning supports large-lot, single-family homes and allows accessory agricultural or rural uses—such as barns, home-based farming, or certain agricultural structures—consistent with its intent to foster low-density estate development on spacious parcels (note: Specific Use Allowances Should Be Confirmed Via County Zoning Codes). Located near the tranquil Malauka Road & Malauka Loop area and just minutes from Silver Springs Shores, this parcel offers serene rural living with easy access to community parks, trails, and amenities in Ocala. Whether you're planning a homestead, agricultural use, or long-term land holding, this versatile site provides excellent opportunity. While precise boundary dimensions are not publicly recorded, the acreage is verified through Marion County property appraiser and GIS data. The Buyer / Buyer’s Agent to independently verify (Due Diligence) all Zoning, Utility Availability, Permitting, and Property Specifics. All information provided in this report is believed true and accurate at data entry but not guaranteed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$487,050
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 | $389,640 | $389,640 | $389,640 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,334 | $2,431 | $3,210 |
| Total Monthly Payment | $2,409 | $2,506 | $3,285 |
* 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.