Sitting on over 17 acres this newly built farmhouse is in an ideal location near the Brownwood Villages, 20 mins from a future medical research complex, easy access to Turnpike and I-75. This is country life with shopping and restaurants nearby, in one of the fastest growing counties in Florida, Sumterville. A custom built 3-bedroom 3-bathroom home greets you on the rear 5 acres featuring wood-look tile throughout, 9 ft ceilings, solid surface granite counters and a large, air-conditioned bonus room. This room is currently being used as a craft room but could easily be converted back to the 3rd spot in the attached garage or a great gym/flex space/playroom. The detached 32x40 4 car garage is perfect for a car collector, farm equipment storage, barn or man cave. The home has 100 AMP service running through the property and the entry gates are on cost saving solar power. Watch the beautiful Florida sunsets from the large screened front porch or if you're an early riser, catch the sunrise from the oversized rear screened room. Ease your mind knowing the main house and detached garage are both constructed with CBS block, 5/8th inch plywood with radiant barrier and R/30 insulation for lower energy costs. The majority of the acreage is being used for hay farming, however, you can bring your horses or other livestock, as there are 2 metal carports for storage on the east side of the property under a large oak tree. Call to make an appointment to view this stunning property that has the opportunity to be annexed into Bushnell and possible rezoning to commercial or a subdivision of the acreage for single family homes. Serene Sumterville, FL is conveniently located between Gainesville and Orlando and just South of the World-Famous horse country Ocala, FL.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $223 | $223 | $223 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,264 | $9,756 |
Total Monthly Payment | $7,518 | $7,611 | $10,103 |
* 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.