|
Charming, newly renovated 2-bedroom, 1-bath home situated on a 0. 45± acre lot in the City of Ocala. Featuring modern updates, this property offers the perfect combination of comfortable residential living and future commercial opportunity. Zoned B-4 Commercial, it is well suited for a professional office, This offering includes two contiguous parcels totaling approximately 0. 90± acres (0. 45± acres each), strategically positioned with approximately 289 feet of frontage along NW 8th Road. The B-4 zoning designation allows for a broad range of commercial and mixed-use applications, making this property ideal for investors, developers, and owner-users. One parcel is improved with an existing residential structure that may be suitable for conversion to a professional office, daycare facility, medical practice, counseling center, boutique retail business, or other permitted commercial use. The adjacent vacant parcel provides ample space for expansion, additional parking, new construction, or future redevelopment. Located within the City of Ocala, this highly visible property offers convenient access to major thoroughfares, established residential neighborhoods, and surrounding commercial developments. Whether you're seeking a location for your business, an income-producing asset, or a redevelopment opportunity, this property provides the
flexibility and potential to accommodate a variety of commercial ventures.
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:
$465,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $372,000 | $372,000 | $372,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $158 | $158 | $158 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,228 | $2,321 | $3,064 |
| Total Monthly Payment | $2,461 | $2,554 | $3,297 |
* 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.