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Presented by
Susan McDonough |
Located in the desirable 55+ Wilderness RV Resort, this rare river-view lot overlooks the beautiful Ocklawaha River, which receives its flow directly from the world-famous Silver Springs, giving owners the opportunity to enjoy some of the best kayaking and boating in Florida. Launch your kayak at Silver Springs State Park and float downstream right back to this waterfront community. The lot features a storage building that offers a toilet and washer and dryer but will need leveling, and the outdoor kitchen and round gazebo will require attention and repairs. The driveway has experienced washout from a past sewer leak and will need three sections removed and re-poured, presenting a fantastic opportunity for a buyer to customize and add value while securing a river-view location that typically commands top dollar, with this one priced at just $110, 000. Wilderness RV Resort offers outstanding amenities including a massive dog park, recreation areas, fitness center, laundry facilities, and in the Preserves portion, a heated pool and an impressive clubhouse. For a low $940 a quarter HOA, owners receive lawn service including mowing and blow-off, as well as water, sewer, and trash, making ownership extremely manageable. Beyond the resort, residents are just a short drive to The Square in historic downtown Ocala, home to some of the area’s finest restaurants, the beautifully restored Marion Theatre, a comedy club, billiards above Brick City BBQ, boutique shopping, and year-round entertainment. This is a wonderful opportunity to purchase a river-view lot in a premier 55+ community and bring your vision to life while enjoying the natural beauty of genuine Florida riverfront living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$90,000
Sales Associate
William Raveis Real Estate
Phone: 781.235.5000
Susan.McDonough@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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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 | $72,000 | $72,000 | $72,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $420 | $437 | $584 |
| Total Monthly Payment | $495 | $512 | $659 |
* 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.