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What if the best time to secure land isn’t after everything is built out, but while the growth is still happening around you? This 0. 24-acre parcel in Rainbow Park Section 4 offers 10, 454 sq ft of opportunity on SW 158th Ave in an area where buyers and builders continue looking for space, flexibility, and future potential.
One of the first questions people ask when considering land is simple: how difficult will it be to build? With electricity nearby, that answer becomes a lot more encouraging. And when you combine that with the size of the lot, you begin to see options instead of limitations. Whether you’re thinking about building now, holding for the future, or creating a place that gives you more breathing room than many newer communities can offer, this property gives you the chance to make that decision on your timeline.
Located near Ocala, you’ll still have convenient access to everyday essentials while enjoying the quieter feel that draws so many people to this part of Florida. Grocery shopping is within reach at stores like Publix
and Walmart
, while medical care is available through AdventHealth Ocala and HCA Florida Ocala Hospital. Schools serving the area include Romeo Elementary School, Dunnellon Middle School, and Dunnellon High School.
Travel and commuting are supported by nearby routes including State Road 40 and Interstate 75, connecting you to surrounding areas like Dunnellon, Gainesville, and Orlando. For air travel, you’ll have access to Ocala International Airport and Orlando International Airport.
The interesting thing about land is that it gives you choices. The question is whether you want to wait until an area is fully developed and priced accordingly—or position yourself while the possibilities are still wide open.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$12,500
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 |
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|---|---|---|---|
| Loan Amount | $10,000 | $10,000 | $10,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $62 | $64 | $84 |
| Total Monthly Payment | $137 | $139 | $159 |
* 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.