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Beautiful Property, ideally located near the Florida Greenway and the Historic Santos Recreation Area, and state park which consist of many nature trails. The Property has never been developed and consists mainly of mature and majestic live oak trees and southern yellow pine trees. Fronts NE 80th Street on the south side, which is a well maintained county road and is close to Highway 441/301, with a 10-15 minute drive to the City of Ocala and less than 10 minutes to Belleview. Perfect location to build your homestead with plenty of room to spare. The property is zoned A-1 (General Agriculture). This zoning designation explicitly permits a site-built single-family home, manufactured home, and or a mobile home. It also permits agricultural use and livestock, making it ideal for equestrian activities. In addition, the A-1 (General Agriculture) zoning would allow you to apply for a Greenbelt agricultural exemption to lower the property taxes. Don't miss out on this super deal in a great and very convenient location.
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Our Executive Mortgage Banker:
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$209,900
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 | $167,920 | $167,920 | $167,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,006 | $1,060 | $1,394 |
| Total Monthly Payment | $1,081 | $1,135 | $1,469 |
* 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.