This spacious 100x125-foot lot, located in the heart of Marion Oaks, offers an excellent opportunity for development. With access to city water, no wetlands or protected species on the property, and situated outside the flood zone, this lot is ready for construction. Conveniently located south of downtown Ocala and next to I-75, it provides easy access to the Orlando suburbs. Marion Oaks is a haven for nature enthusiasts, featuring natural springs, state forests, and trails for mudding and biking. The area is booming with development thanks to affordable land and housing prices. Walmart and shopping centers are just 10 minutes away, and Silver Springs Shores, home to one of the largest artesian spring formations in the world, is just a 20-minute drive. The lot is also just 20 minutes from downtown Ocala and an hour from downtown Orlando, offering a great balance of suburban tranquility and urban accessibility.
SW 170 PLACE, Ocala, FL, 34473
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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