This multi-family lot is subject for developers looking to build in a growing area. The lot is zoned for up to 9 units and is located just 1 mile from the heart of Citrus Springs. Citrus Springs is a paradise where you are close to rivers, the beach, the world-renowned horse city of Ocala, and a 47-mile paved trail system. This quiet area is developing quickly. This lot is located across the street from a future hospital and one block from a future school and recreation center. Multi-family lots are in high demand due to the maximum profit potential from building multiple units.
1286 W Evergreen DRIVE, #0000, Citrus Springs, FL, 34434
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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