Bring your builder to this peaceful and quiet community located just 10-15 minutes from one of Ocala's (Dunnellon) most beautiful natural resources of RAINBOW RIVER with its' natural springs. Just minutes from boating, kayaking, fishing, swimming, paddle boarding as well as scuba diving and enjoying hiking, biking and wildlife at one of Floridas great State Parks. The lot its' self is zoned for a single family home located on a PAVED ROAD in a community of PAVED ROADS. Enjoy a short drive from the highway to the community along the winding roads of Ocala and the numerous horse farms.The property is located in Rainbow Lakes Estates which is in the earlier stage of development which makes this a great opportunity to grab a lot near the River before the prices for lots soar.
Lot 16 Nw Summerfield AVENUE, Dunnellon, FL, 34431
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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