3350 NE 125th Terrace ROAD, Silver Springs, FL, 34488 | $950,000

NEW PRICE REDUCTION!!! This beauty is a RARE FIND! Just over 38 acres are situated in the middle of Ocala National Forest and only 2 1/2 miles from the Ocklawaha River, a 15-20 minute drive to dining and shopping, and 35 minutes to the World Equestrian Center!
This listing has so much potential. . . even income-producing potential! Imagine a Retreat in the Forest, or a Rehabilitation center, so many ideas. . .

As you pull off the highway you drive down a nice quiet private drive, to this open serenity! Paddocks are nice and cleared, yet the homestead is lined with beautiful oaks for shade. Bring your Horses and cattle, this property is fit for all livestock! Beautiful established private and remote farmland, with two homes, equipment storage, 6 stall horse barn, Chicken Coops, feed house, hay barn, additional pole barn for storage, workshop and woodworking shop, and a boat house. All of the property lines are wire/board fenced. Electric is Ocala Utilities but also generator.

The main home has 3 bedrooms and 2 bathrooms, with a large covered back porch facing the paddocks and a large fire pit for entertaining etc. The second home has two rooms upstairs with a jack-n-jill full bath and showcases gorgeous pine paneling throughout the whole home.

Each paddock has a natural water reservoir. There is a syrup mill on the property and plenty of space to create whatever you wish. Once upon a time, this was a homestead and the center of family gatherings. Perfect as a working farm or a Family Retreat! You cannot go wrong!

Features

  • Rooms: 4
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Style: Elevated, Florida, Ranch
  • Year Built: 1974
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,200
  • Acreage: 38.87
  • Est. Taxes: $3,383
  • Lot Desc: Cleared, Level, Street Dead-End, Zoned for Horses
  • View: Trees/Woods, Water
  • Appliances: Other
  • MLS#: OM645655
  • Days on Market: 682 days
  • Website: https://www.raveis.com
    /eprop/OM645655/3350ne125thterraceroad_silversprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 4:08:41 AM)
Listing courtesy of BRICKS & MORTAR REAL ESTATE   Phone: 352-519-1888

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NMLS Mortgage Loan Originator ID 16953

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3350 NE 125th Terrace ROAD, Silver Springs, FL, 34488

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $282 $282 $282
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,929 $4,866 $6,673
Total Monthly Payment $5,303 $5,240 $7,047

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.