|
Presented by
Patterson McKiernan Team |
Location, Location, Location! Prime 3. 38-Acre R3-Zoned Property in Ocala City Limits - Multifamily Ready! Unlock the potential of this rare vacant tract located within Ocala's city limits, zoned R3 and currently approved for 12 units per acre, with the possibility of up to 18 units per acre, with applied variance. Whether you're planning townhomes, duplex to quads, small apartment complex or senior living facility, this property offers the flexibility to make your vision a reality. Located directly across the Blvd from Ocala Golf Club, and just minutes to the downtown Ocala Square, this property provides the perfect setting for your next multifamily development. City Water and Sewer readily available on site. With Ocala's growth trajectory and increasing demand for housing, this parcel is a strategic investment for developers and investors alike. Don't miss your chance to secure a high-potential property in one of Central Florida's fastest growing markets!
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:
$1,299,000
Sales Associates
William Raveis Real Estate
Phone: 860.823.0716
PattersonMcKiernanTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.972% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,819 | $6,147 | $8,560 |
| Total Monthly Payment | $5,944 | $6,272 | $8,685 |
* 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.