Welcome to this fantastic 0.46-acre lot in the desirable Rainbow Park neighborhood of Ocala! Nestled in a peaceful and growing community, this property offers endless potential for investors and homeowners alike. The lot can be divided into two separate .23-acre lots, making it an ideal option for building two homes or pursuing a development opportunity. Located in a serene area with easy access to nearby amenities, including schools, parks, shopping, and dining, this parcel provides the perfect balance of privacy and convenience. Whether you're looking to create a personal retreat or seeking an investment opportunity in a rapidly appreciating area, this lot is a must-see. Don't miss out on the chance to own a piece of Ocala’s vibrant real estate market! Contact us today to learn more about this unique property and its potential. Lot can be divided.
SW 18TH PLACE, Ocala, FL, 34481
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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