557 Midway DRIVE, #B, Ocala, FL, 34472 | $125,000

Welcome home to a two-bedroom, one-and-a-half-bath condominium in the lovely Live Oak Village, a 55-plus community in Ocala, Florida. This second-floor residence offers unobstructed views of Lake Sparkle and is a short walk to the pool and clubhouse. Brand new carpet has just been installed throughout, and the unit is furnished and ready for you to move in and enjoy. The HOA fees cover essential amenities, including basic cable, insurance, maintenance of the building and common areas, garbage pickup, and access to the community pool and clubhouse. Grocery stores, pharmacies, local restaurants, and hiking trails are all within minutes. The streets are lined with beautiful oak trees providing plenty of shade for daily walks. The grounds are well-lit at night, and this community experiences minimal traffic due to its location on a dead-end road. Ready for immediate occupancy.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Inside
  • Complex: LIVE OAK VILLAGE CONDOS
  • Year Built: 1972
  • Common Charge: $235 Monthly
  • Approx Sq. Feet: 1,054
  • Acreage: 0.01
  • Est. Taxes: $2,086
  • Adult Communities: Yes
  • Pet Policy: Size Limit, Yes
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: OM677645
  • Days on Market: 151 days
  • Website: https://www.raveis.com
    /prop/OM677645/557midwaydrive_ocala_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 11/23/2024 9:32:07 PM)
Listing courtesy of Premier Sotheby's International Realty   Phone: 352-509-6455

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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!
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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

557 Midway DRIVE, #B, Ocala, FL, 34472

$125,000

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 $100,000 $100,000 $100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $174 $174 $174
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $665 $665 $857
Total Monthly Payment $914 $914 $1,106

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.