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NEW ROAD BEING CONSTRUCTED TO BE COMPLETED BY DECEMBER 31, 2026 GOING FROM HWY 484 EXIT ON I-75 DIRECTLY TO THE PROPERTY!!!! WATER / SEWER AND ELECTRIC AT SITE!!!
The Emerald Village Project is an Approved PUD Project with all Entitlements in place. ? Concept Plan Etc. ? - Apartments, Condominiums, Townhouse, Single Family, Duplex, Tri Plex, Quad Plex all acceptable on this site. ? Located in Rapidly Growing Marion County Florida. ? The Proposed Project Encompasses Almost 100 Acres With Approval for 1200+ Units. ? Total Residential Units Requested and Approved 1200 With a Maximum of 1351 in Leu of an Alf, With Required Parking of 1808 Parking Spaces. ? The Approval Also Reflects the Ability to Go Vertical to No More Than 50 Ft. ? Or 4 Stories. ? The Subject Property is Within a Flood Zone “X” Designation. ? The Surrounding Area is Supported by Elementary, Middle, and High Schools. ? There Are Numerous Light Industrial as Well as Recognized Manufacturing Corporations in Proximity. ?
Ocala is Ranked by U. ?S. ? News as the 6th Fastest-growing Place, the 10th Safest Place to Live, the 16th Best Place to Retire, and the 91st Best Place to Live Out of the Top 150 Metro Areas. ? Also to the South is the Fastest-growing Retirement Community, the Villages, With a Never-growing and Expanding Workforce. ? To the Northwest is the “the Horse Capital of The World” and the World Equestrian Center. ? The County is Also Developing a Strategic Plan to Incorporate All Future Traffic Patterns to Allow Efficient Flow of Additional Traffic for Future Development. ?
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $58,331 | $59,892 | $81,660 |
| Total Monthly Payment | $58,456 | $60,017 | $81,785 |
* 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.