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INVESTOR POTENTIAL - Welcome to easy, carefree living in this popular Olympia Model villa, ideally located on a quiet, tree-lined street in the highly desirable 55+ gated golf community of On Top of the World in SW Ocala. A charming front porch sets the tone—perfect for morning coffee and connecting with neighbors. Inside the beautiful lead glass door, you’ll appreciate the vaulted ceilings and light, bright layout that creates an open, comfortable feel throughout. HVAC 2020 & ROOF 2011. The kitchen is conveniently located just off the entry and features upgraded appliances, a window over the sink for natural light, and a cozy eat-in space at the front of the home—ideal for casual meals. Designed with privacy in mind, the split-bedroom floor plan separates the two bedrooms and baths. The primary suite includes a walk-in closet and an en suite bath with a step-in shower—no tub to worry about—making daily routines easier and more accessible. The guest bedroom and bath are tucked away on the opposite side, offering comfort and privacy for visitors. The spacious great room is perfect for relaxing or entertaining, while the covered patio provides a peaceful outdoor retreat with minimal upkeep—just enough space to enjoy Florida’s beautiful weather without the hassle of extensive maintenance. The 1-car garage includes the laundry area for added convenience. Living here means more than just a home—it’s a lifestyle. Enjoy golf, pools, fitness centers, clubs, classes, and endless social opportunities, all just a short golf cart ride away. Motivated sellers—bring your offer and start enjoying the active adult lifestyle you’ve been looking for! The monthly HOA fee includes Basic Spectrum Cable, roof repair, exterior painting every seven years, exterior maintenance and insurance, landscaping, trash & recycling, 24/7 monitored gates and what seems like endless amenities; FOUR pools (3 outside & 1 inside), two state of the art fitness centers, pickleball (uncovered & covered), billiards, archery range, corn hole, bocce ball, tennis, shuffleboard, horse shoes, remote control flying field and race cars, 175+ clubs, woodworking shop (extra fee), library, and much, much more! A golf cart community with access to several shopping centers. Centrally located 20 minutes from the World Equestrian Center, easy drive to 4 cruise ports and/or airports, and within a close proximity to entertainment complexes in Orlando. This home is located on leased land, 99-year land lease from the year the villa was constructed. Community requires 20% down with all mortgages.
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Our Executive Mortgage Banker:
Our Insurance Division:
$114,500
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 |
|
|---|---|---|---|
| Loan Amount | $91,600 | $91,600 | $91,600 |
| 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 | $197 | $197 | $197 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $549 | $571 | $755 |
| Total Monthly Payment | $821 | $843 | $1,027 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.