**10 Acre Parcel with A1 Zoning - Prime Investment Opportunity** Discover the perfect canvas for your dreams with this exceptional 10-acre parcel, boasting A1 zoning and a prime location ripe for development or investment. Situated in a serene environment, this property offers a harmonious blend of cleared, high and dry frontage, and picturesque wooded landscapes at the rear, bordered by the tranquil waters of Orange Creek. Explore possibilities for agricultural, residential, or commercial ventures, thanks to the flexible A1 zoning designation. **Adjacent Parcel Available: ** Expand your horizons by combining this parcel with the adjacent property, doubling your acreage to a substantial 20 acres. Currently leased to a sod farmer, this property presents an attractive income-producing opportunity while offering ample potential for future development. Experience the best of both worlds with a frontage that's ideal for cultivation or construction, coupled with a rear portion that embraces the tranquility of wooded surroundings and the calming presence of Orange Creek. Nestled in a desirable location off Hwy 318 in Fort McCoy, FL, this property enjoys convenient access to Horseshoe Lake Park as well as shopping and dining. Whether you're seeking a serene retreat, a lucrative investment, or a canvas for your vision, this 10-acre parcel promises endless possibilities. Don't miss out on this rare opportunity to secure your slice of paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $797 | $1,011 |
Total Monthly Payment | $873 | $872 | $1,086 |
* 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.