Wooded 2 acre parcel about a quarter mile from State Road 26 on a dirt road. Old growth oaks and elms. Great location to build your home or move a manufactured home onto the parcel. Serviced Clay Electric. No impact fees for 2025. Property has an old 27' travel trailer (no value), well and septic tank included but are 30+ years old and have not been used in 10 years. They are not warranted. 2 old metal sheds and power pole of no value also on the property. Located in historic Melrose established in 1895. Close to the Lake Santa Fe boat ramp for great fishing, skiing and water sport and recreation. Easy commute to Gainesville and Jacksonville. Great school district. Come take a look; drive-by's welcomed. No appointment needed.
201 POWERLINE Road, Melrose, FL, 32666
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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