8051 SW 116th LOOP, Ocala, FL, 34481 | $224,500

Under contract-accepting backup offers. Welcome to Oak Run. Come see this sought after Lexington model. This well maintained 3 bedroom 2 bath split floor plan offers plenty of privacy. The home backs up to a greenway with no thru traffic. The home has a large living and dining area perfect for entertaining. The primary suite is equipped with 2 walk in closets, an ensuite bathroom with a walk in shower and double vanity. The other bedrooms and guest bath are on the opposite side of the home with ample space. The large screened in Lanai is also great for entertaining or just relaxing watching nature in the private back yard. There are also fruit trees!! The home also comes with a garage door screen, window blinds and appliances. This 55+ community offers a wide array of amenities, including an 18-hole golf course, a driving range, a restaurant, six pools, five hot tubs, library, billiard, card and ceramics rooms too, as well as outdoor options such as pickleball, shuffleboard, tennis, bocce ball and a dedicated dog park. There are over 100 clubs to join. This is truly resort style living.

Features

  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 80 x 110
  • Laundry: Inside
  • Year Built: 1993
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,614
  • Acreage: 0.2
  • Lot Size: 80 x 110
  • Est. Taxes: $1,780
  • HOA Fee: $177 Monthly
  • Adult Communities: Yes
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • MLS#: FC302005
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/FC302005/8051sw116thloop_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 7/8/2024 12:47:10 PM)
Listing courtesy of REALTY EXECUTIVES OCEANSIDE   Phone: 386-506-8008

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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8051 SW 116th LOOP, Ocala, FL, 34481

$224,500

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 $179,600 $179,600 $179,600
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 7.815% 7.159% 6.538%
Monthly Tax Payment $148 $148 $148
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,195 $1,194 $1,540
Total Monthly Payment $1,418 $1,417 $1,763

* 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.