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POOL HOME ON 10-ACRES DUAL-PARCEL ESTATE WITH THREE DWELLINGS AND INCOME POTENTIAL. Near High Springs Exceptional opportunity to own TWO DEEDED PARCELS totaling 10 acres (4. 5 acres + 5. 5 acres) being sold together, located just 15 minutes from downtown High Springs and approximately 35 minutes to Gainesville. The fully renovated main residence offers 2 bedrooms and 1 bathroom (approximately 1, 000 sq ft), combining modern updates with peaceful country living. The backyard is designed for entertaining and relaxation, featuring an in-ground pool, outdoor kitchen, and covered pavilion, creating a private retreat setting. Additional improvements include: • A private suite currently used as a successful short-term rental • A second fully independent 2-bedroom, 1-bath dwelling Both additional dwellings have been utilized as INCOME-PRODUCING short-term rentals for the past eight years (buyer to verify rental regulations). The mostly cleared acreage provides flexibility for recreation, gardening, animals, or future expansion. The dual-parcel configuration (4. 5 acres + 5. 5 acres) offers added value and long-term flexibility. Ideally situated near some of North Florida’s most popular natural springs, including Poe Springs, Ginnie Springs, and Gilchrist Blue Springs State Park. Conveniently located approximately 15 minutes from urgent care, medical facilities, restaurants, and shopping, including grocery store. This rare offering combines privacy, income potential, multi-generational living options, and prime North Florida location all in one exceptional property. Must see to appreciate
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Our Executive Mortgage Banker:
Our Insurance Division:
$638,808
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 | $511,046 | $511,046 | $511,046 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $140 | $140 | $140 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,061 | $3,188 | $4,210 |
| Total Monthly Payment | $3,293 | $3,420 | $4,442 |
* 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.