Waterfront home in North Florida! This delightful 2-bedroom, 1-bath block home, built in the 1940s, sits on two exceptional, spring-fed lakes, offering 550 feet of water frontage. Enjoy spectacular fishing and stunning views at this unique property featuring both Lake Hewitt (100 acres) and Little Lake Hewitt (50 acres), nestled among swaying oak trees and palms.
This special lakefront home sits on a peaceful 3. 6 acres. Situated in Zone X, outside the hurricane evacuation route, this home offers no HOA and is zoned for agriculture in unincorporated Putnam County, bordering Marion County. Inside, you'll find a combined formal dining and great room, and a kitchen with new countertops and appliances. Also includes a bonus 24-foot room with lake views to soak up the beauty of this waterfront property. This property is truly a rarity!
Perfect for a peaceful retreat or everyday escape from the hustle and bustle. This lakefront gem offers activities like stargazing, gardening, swimming, boating, kayaking, and more. The exterior features two newer enclosed sheds, one with 2 RV hookups, and a run-in carport barn that can store your boat or accommodate a horse. Further your gardening love with an already set up whimsical organic container garden that has been delicately cared for by the current owner. Relax on the peaceful patio surrounded by lush bamboo. A new deep 160-foot well, septic system, and drainfield were installed just over 5 years ago.
This property is centrally located to some of Florida's best beaches, rivers, springs and antique shopping galore!
Discover the serene beauty and endless possibilities of this rare lakeside property.
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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 | $263,200 | $263,200 | $263,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,749 | $2,220 |
Total Monthly Payment | $1,826 | $1,824 | $2,295 |
* 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.