Unique Investment Opportunity!
Unique Investment Opportunity! Lot for Sale with Stunning Views and Privacy at Marion Oaks Country Club Address: 0 SW 48th Cir, Ocala, FL 34473 Parcel Number: 8005-0752-52 Size: 0. 34 acres Property Highlights: Premium Location: This lot is strategically located facing the Marion Oaks Country Club, offering breathtaking open views. Privacy is guaranteed, as no construction can occur behind your future home. Increased Profitability Due to Location: Ocala's central location provides easy access to several major cities in Central Florida, significantly enhancing the investment's profitability. Orlando: Approximately 85 miles (137 km) southeast, about 1h30 to 1h45 by car. Tampa: Approximately 90 miles (145 km) southwest, about 1h45 to 2h by car. Jacksonville: Approximately 90 miles (145 km) northeast, about 1h45 to 2h by car. Gainesville: About 35 miles (56 km) north, around 30 to 40 minutes by car. Lakeland: Approximately 80 miles (130 km) south, about 1h30 to 1h45 by car. Lot Features: Larger Than Average: At 0. 33 acres, this lot offers more space for your projects compared to typical properties. Excellent Topography: Ideal for construction with a topography that supports easy development. Infrastructure: Water and electricity connections are already available, with documentation confirming standard water connection. Neighborhood: Situated on a well-developed street with neighbors on both sides and numerous surrounding constructions, this lot is in an area of high growth and appreciation. Opportunity for Builders: The value of this lot, combined with its excellent location and features, presents a fantastic opportunity for builders and investors. Take advantage of the chance to acquire a lot in a highly valued area with stunning views and great potential for appreciation.
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Our Executive Mortgage Banker:
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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 | $47,920 | $47,920 | $47,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $319 | $318 | $411 |
Total Monthly Payment | $394 | $393 | $486 |
* 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.