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10851 SE 190th COURT, Ocklawaha, FL, 32179 | $150,000
Under contract-accepting backup offers. SECLUDED LAKEFRONT CABIN SITTING ON A PENINSULA ! Beautiful cozy cabin for your friends and family to make memories to last lifetimes and generations! Fully furnished includes Security cameras, 12x14 shed, washer/dryer, chest freezer, tankless hot water heater, Weboost signal booster antenna and modem for cell phones, Nestled in the Ocala National Forest, these Properties are rare and hard to get your hands on. Don't let this opportunity pass you by. Cabin is a 1-bedroom 1-bath with a large family room and brick fireplace. The fireplace caps off the cabin feeling which truly is a remarkable sight. Pictures do not do this justice. All the essentials are just a few miles down the road while giving you the feeling that your still secluded.
The land is leased from US Forestry Service via a special use permit. Full time residency is not allowed. Cabin sold for cash only, lenders will not finance. The way this works is the cabin, and any personal property is purchased in cash and delivered by “Bill of Sale” and the land lease is transferred to the buyer by the US Forestry Service. This land is under the Federal Recreation Residence program and leased under a special use permit. See docs attached for US Forestry service rules and Regulations. Annual lease fee is currently $1, 753 and there is a transfer fee (one time) of $1, 350. Basically, the structures on the land are owned by the seller, but the land itself is leased to the seller by the US Forestry Service. This transfer process can take some time. The first order of business is all the funds to close are placed in escrow with the title company and the buyer then makes application with the Forestry Service to transfer the special use permit. The Forestry Service inspects the cabin for compliance to the lease terms, and requires corrections, if any, be performed and re-inspected before moving forward. The transfer is then approved locally and then sent to Tallahassee to be signed and returned, which can take a few weeks, but is well worth waiting for!
Features
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Lot Size: 150 x 200
- Laundry: Outside
- Year Built: 1957
- Heating: Other
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 916
- Acreage: 0.69
- Lot Size: 150 x 200
- Est. Taxes: $0
- View: Water
- Appliances: Dryer, Freezer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- MLS#: OM674302
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/OM674302/10851se190thcourt_ocklawaha_fl?source=qrflyer
Listing courtesy of SUN REALTY & ASSOC Phone: 352-625-2001
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10851 SE 190th COURT, Ocklawaha, FL, 32179
$150,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $758 | $758 | $980 |
| Total Monthly Payment | $833 | $833 | $1,055 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388