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Final Opportunity to Buy Land and Build Your Dream Home in Magnolia Grove! Discover the last available homesite in this enchanting, gated community, where lifestyle and location come together beautifully. Enjoy the convenience of natural gas, city water, sewer, and electric, plus golf-cart-friendly paths that wind through the neighborhood. Wide sidewalks, street lighting, and lushly landscaped common areas create a welcoming, walkable atmosphere that truly stands out. Magnolia Grove is in a sweet spot—right in southeast Ocala and super close to Jervey Gantt Park and the Frank DeLuca YMCA. Whether you're into hiking, splash pads, dog parks, or just soaking up the Florida sunshine, you're only 5–15 minutes from all kinds of outdoor fun. And if you're up for something special, nearby Silver Springs State Park has glass-bottom boat rides, kayaking, and even manatee sightings. Need to run errands or grab a bite? You’re just minutes from great shopping, dining, and medical care. Magnolia Grove makes it easy to enjoy the best of Ocala without the hassle—making everyday convenience feel like a luxury.
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:
$85,000
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 | $68,000 | $68,000 | $68,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $391 | $413 | $551 |
| Total Monthly Payment | $466 | $488 | $626 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.