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DON'T MISS THIS OPPORTUNITY!
I would like to invite you to take a look at a beautiful, open property
located in a prime area in Oxford, Florida, close to the heart of The Villages. This 48-acre parcel is situated on
County Road 103 less than ¾ of a mile from medical facilities, shopping, restaurants, schools, and other desirable
amenities. The property is flat, high, and dry, completely cleared, with approximately 800 feet of frontage on
County Road 103. City of Wildwood utilities are approximately 1800 feet South on County Road 103. It's
conveniently close to offices, an Assisted Living Facility and Walmart. Residential Development could be
considered with possibilities for Agriculture Conservation as well as "Estate Homes. " The potential includes possibly 15 to 16
homesites, ranging from 1 to 2-Acre Parcels. Endless possibilities include possible horse stables, barnes, arenas or just a pristine development for a horse farm community. This is an excellent opportunity for development, investment,
10-31 Exchange and/or other future use for monetary gains.
Additional property features include a 2400 Sq Ft Home, Large Workshop, Storage Building, Covered RV and Boat
Storage, excellent visibility from US Hwy 301. This Property offers tremendous potential in a
rapidly expanding area.
Due to circumstances, there is a substantial price reduction offered for all investors and land acquisition developers.
The owners are motivated to sell this prime investment property.
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:
$3,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.157% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,340 | $16,787 | $23,628 |
| Total Monthly Payment | $16,465 | $16,912 | $23,753 |
* 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.