LOT 18 TROUT Street, Melrose, FL, 32666 | $119,900

RIGHT IN THE HEART OF HISTORIC MELROSE FLORIDA WE HAVE A VERY RARE TO FIND VACANT OVERSIZED BUILDABLE LOT. THE PROPERTY IS ONLY 1 BLOCK FROM THE PRISTINE 6, 000 ACRE SANTA FE LAKE THAT I CALL '' THE GREAT LAKE OF NORTH CENTRAL FLORIDA ''. HISTORIC MELROSE WAS ESTABLISHED 1877. OLD HISTORIC HOMES ALL NEAR THIS BEAUTIFUL WOODED LOT. WHEN YOU ARRIVE HERE - YOU'LL WANT JUST PARK AND TAKE A WALK AROUND THIS AMAZING LITTE ONE LIGHT TOWN. VISIT MELROSE BAY PARK JUST AROUND THE CORNER FOR SOME SWIMMING OR LAUNCH YOUR KAYAK JUST ONE BLOCK AWAY IN THE NO WAKE ZONE AREA OF MELROSE BAY. IN BIG SANTA FE YOU CAN ALSO ENJOY WAKE BOARDING, FISHING, PADDLE BOARDING, SKIING, SAILING AND MORE. MELROSE IS KNOWN FOR IT'S RICH CULTURAL COMMUNITY, ART IN MANY MEDIUMS, MUSIC, CRAFTS, LOCAL PRODUCE, SENIOR CENTER SERVING FOOD, SHOPPING, DOCTORS, DENTIST, ART GALLERIES, MUSIC EVENTS AND MORE. MELROSE IS AN EASY COMMUTE TO GAINESVILLE, PALATKA, THE BEACHES, OCALA, STARKE, KEYSTONE, AND MIDDLEBURG. IF YOUR WANTING A DIFFERANT WAY OF LIFE OUT HERE IN RURAL AMERICA, THEN DRIVE OVER, LOOK AROUND, CHAT WITH A FEW FOLKS AND SEE THIS AMAZING HISTORIC TOWN THAT JUST SEEMS TO HAVE IT ALL. YOU'LL BE WELCOMED. PS: THE SECOND TIME YOU COME BACK TO MELROSE YOU'LL WANT TO BRING YOUR CONTRACTOR. NOTE: POSSIBLE OWNER FINANCING MAY BE AVAILABLE?

Features

  • Amenities: Fishing, Street Lights, Restaurant
  • Lot Desc: Historic Area, Irregular Lot, Many Trees, Wooded
  • View: Trees/Woods
  • MLS#: 2115837
  • Days on Market: 134 days
  • Website: https://www.raveis.com
    /prop/2115837/lot18troutstreet_melrose_fl?source=qrflyer
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Listing courtesy of Century 21 Lakeside Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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LOT 18 TROUT Street, Melrose, FL, 32666

$119,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $95,920 $95,920 $95,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.419% 5.668%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $567 $591 $777
Total Monthly Payment $642 $666 $852

* 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.