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Prime infill opportunity in a rapidly developing SE Ocala. This 0. 23-acre (100 ft x 100 ft) A1-zoned parcel is surrounded by ongoing residential construction, established communities, and major commercial buildings along Hwy 27. With new subdivisions actively being built to the north and east, this site offers strong long-term potential for small-scale development or strategic land banking. Property is classified Residential-Vacant with no wetlands indicated and located in Flood Zone X (per FEMA Panel 12083C0741D, 08/28/2008). Access is currently via SE 71st Terrace Rd as illustrated in the attached map. Zoning is A1 (General Agriculture)—offering flexibility for site planning, low holding costs, and potential rezoning options consistent with surrounding residential growth. Marion County schools and utilities serve the area. Duke is the electric provider. Taxable value remains low, keeping carrying costs minimal for long-term projects. Parcel IDs: 39134-001-01
Buyer responsible for all due diligence.
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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 | $11,600 | $11,600 | $11,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $66 | $70 | $94 |
| Total Monthly Payment | $141 | $145 | $169 |
* 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.