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REDUCED! SELLER MOTIVATED!! Once a boys & girls summer horse camp in the early 1940s is now a rare 10 acre horse hobby farm located on an expansive 18 acres lake. The unique property combines old Fl charm with unlimited potential for farming, recreational use, horses, rental income (has RV pad with septic, bath/laundry bldg) and is currently rented. Primary home is lakefront and has 2130 sq ft of wrap around porches. Small log cabin with gorgeous stone fireplace, 1 bedroom, 1 bath, kitchen, living room, office, & screened front porch, is at the entrance to the property and has been completely renovated. It has rental potential (with no restrictions) or could be used for family or guests.
Massive aluminum carport has work space and is detached. 1 barn can be used for equipment, storage or convert to a workshop. There are 4 stalls, 5 grazing pastures, run-in shed, no climb fencing, and a chicken coop.
Nestled in rural Volusia Co FL, its a quick drive to the worlds most popular beach, Daytona Beach in approximately 40 mins; Ormond Beach in 10 mins; boating on the St Johns River or Lake George is 10-15 mins away. Visit the popular and beautiful springs DeLeon Springs and Silver Springs in about 15-30 mins. Go Hiking and camping in the Ocala National Forest, 20 min drive. The Worlds largest Equestrian Center in Ocala FL is approximately a 60 min drive. Property is also about 15 mins from the Fairgrounds and race track.
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:
$855,000
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 | $684,000 | $684,000 | $684,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $322 | $322 | $322 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,046 | $4,156 | $5,772 |
| Total Monthly Payment | $4,460 | $4,570 | $6,186 |
* 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.