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Discover your own slice of the Suwannee River Valley! This 0. 49acre vacant lot sits on NE Trestle Drive within the quiet Bridgestone Woods subdivision just north of Mayo, Florida. The parcel offers roughly 101. 47 ft of frontage along a maintained graded road and extends about 222. 57 ft deep, giving you ample space for a homesite, weekend cabin or RV retreat. Elevation is generally flat with a gentle slope, and the land is densely wooded for privacy. Access is excellent with NE Trestle Dr providing direct road frontage and the Hal W. Adams Bridge boat ramp only a few minutes away. The property is part of Bridgestone Woods, where cabins, manufactured homes and RVs are allowed. Similar lots nearby install private wells, septic systems and power poles. The legal description reads Lot 15 Bridgestone Woods Subdivision, with annual taxes around $120. When you're ready to explore, you'll find a wealth of natural attractions. Lafayette Blue Springs State Park (7 mi) offers crystal-clear spring water, a boat ramp and shaded trails. Troy Spring (14 mi) invites swimmers and scuba divers to its 70ftdeep spring and Peacock Springs State Park (20 mi) boasts cave diving and sinkhole lakes. The historic Hal W. Adams Bridge and public ramp are minutes away for boating on the Suwannee River. Nearby resorts like Suwannee River Rendezvous and the Spirit of the Suwannee Music Park host events, kayaking trips, disc golf and hiking. All this lies just 5 miles from the town of Mayo and within an easy drive of Branford and Live Oak. Whether you're looking to build, camp or invest, this parcel offers affordability, river community charm and proximity to some of Florida's finest springs. Secure this property today and enjoy the best of the Suwannee River Valley! Seller financing available with $9, 000 down, 12. 95% interest for 5 years.
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William Raveis Mortgage, LLC
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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 | $19,520 | $19,520 | $19,520 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $111 | $117 | $157 |
| Total Monthly Payment | $186 | $192 | $232 |
* 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.