Discover an exceptional opportunity to build your dream duplex on this prime vacant lot in Ocala, FL, zoned R3 for multi-family residential use. The property has been professionally surveyed and cleared, making it ready for construction. With pre-approved blueprints available, you can streamline the design process as it moves through the permitting phase. Located near new construction, this lot offers convenient access to shopping centers, grocery stores, and banking services, ensuring that all essential amenities are just moments away. Plus, with downtown Ocala only minutes away, you'll enjoy easy access to vibrant entertainment, dining, and cultural attractions. Ocala is an ideal location for investment and future growth. This lot presents a fantastic opportunity for investors or developers looking to capitalize on the increasing demand for multi-family housing. With the groundwork already laid, you can hit the ground running!
Ocala, FL, 34470
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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