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Discover the perfect opportunity to build your dream home on this 1. 74-acre vacant lot in Reddick, Florida, located outside of a flood zone. Zoned R-2, the property allows for two family dwellings, making it suitable for a duplex and offering excellent potential for investors. Surrounded by nature, this parcel provides a peaceful setting with the ideal balance of privacy and convenience. Enjoy the tranquility of country living while remaining just a short drive from shopping, dining, and everyday necessities. Conveniently located near zoned schools, the property is well-suited for those looking to create a custom residence tailored to their lifestyle. Reddick is known for its small-town charm and rich historic roots, all within Marion County’s renowned Horse Country, celebrated for its equestrian properties and activities. Outdoor enthusiasts will appreciate the abundance of nearby recreational opportunities, including hiking, nature watching, and exploring Florida’s scenic landscapes. Whether you envision a private retreat, an investment opportunity, or simply room to breathe, this property offers a rare chance to own a slice of Florida’s natural beauty.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$69,900
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 | $55,920 | $55,920 | $55,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $344 | $353 | $464 |
| Total Monthly Payment | $419 | $428 | $539 |
* 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.