Prime 0.78 acre lot located on signalized corner. Level grass site with few mature palms, sits up on a hill that over looks the busy four lane highway. There is almost 200 ft of road frontage with an FDOT annual traffic count of 30,000 day. Property is part of an Opportunity Zone in City limits. FDOT has invested new road infrastructure along with pedestrian sidewalks. Neighboring properties on both sides of the road have been recently purchased and revamped with new and/or renovated professional and health care buildings, hotels, etc. Great community business location, with ingress and egress from both Pine Ave and 23rd St. Utilities hookup nearby.
2259 S Pine AVENUE, Ocala, FL, 34471
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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