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CASH ONLY. Sold AS IS — Bring Your Best Offer!
Discover a rare opportunity to own 5 acres of peaceful Florida countryside just minutes from the natural beauty of Lower Wekiva River Preserve State Park. This property features approximately 3 acres of buildable land in sought-after Flood Zone X, offering development flexibility, complemented by 2 acres of wetlands that create added privacy, natural beauty, and a peaceful setting. The property has been partially cleared and includes existing well, septic system, and electrical service; however, the property has been unoccupied and not maintained since the last tenant vacated in 2020, and the current condition of the well and septic is unknown. Spectrum internet has recently been extended to the area, providing modern connectivity. Impact fees have been partially paid, helping streamline future development. An older mobile home and three vehicles remain on site and will require removal. Zoned Agricultural, the property allows for horses and livestock, making it well-suited for a rural homestead, small farm, or private retreat. The adjacent 10-acre parcel has been cleared and developed, demonstrating the potential of this land. Access is via Blackwater Oaks, a quiet dirt road voluntarily maintained by neighboring owners. With nearby growth and improvements already underway, this property offers excellent potential for those looking to build, place a new mobile home, or invest in land with long-term upside.
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:
$130,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $104,000 | $104,000 | $104,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $599 | $632 | $843 |
| Total Monthly Payment | $674 | $707 | $918 |
* 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.