This 3-acre parcel with agricultural zoning is a paradise for horse lovers and those seeking a relaxed and serene Florida lifestyle. Bring your plans and build your dream home as this property offers a blank canvas for creating your ideal equestrian estate in the charming and highly sought-after Northeast area of Ocala. One of the standout features of this property is its prime location. Situated just 20 miles from the World Equestrian Center, you will have easy access to world-class equestrian events and amenities. For your everyday needs, a quick 15-minute drive will take you to a variety of shopping options, ensuring that convenience is never compromised. Furthermore, the beautiful Salt Springs, known for its crystal-clear waters and recreational opportunities, is only 30 minutes away, offering a perfect escape for nature lovers and outdoor enthusiasts. This exceptional property provides endless possibilities, whether you envision a state-of-the-art equestrian facility, a charming country home, or a peaceful sanctuary away from the hustle and bustle of city life.
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
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 | $96,000 | $96,000 | $96,000 |
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 | $639 | $638 | $810 |
Total Monthly Payment | $714 | $713 | $885 |
* 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.