This stunning 16.36-acre property is situated just outside The Villages, the nation's largest 55+ community, in Sumter County. Sumter County ranks as one of Florida's most rapidly expanding counties, with considerable residential and commercial growth in recent years. City of Wildwood water and sewer utilities run past the property on CR 214. The site is all uplands, not located within the Flood Hazard Area and has 611 feet of frontage on Sumter County Road 214. Adjacent properties are zoned R-2, allowing up to 6 residential units per acre, making this an ideal site for a future residential development, your dream home, or a great investment in an area with rapid growth. the property is in an area with convenient access to Hwy 301, the Florida Turnpike, and I-75.
Sumter County Road 214, Oxford, FL, 34484
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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