Looking for an exciting investment or peaceful homestead? This 3. 75-acre property in the Florida Highlands neighborhood has endless potential, whether you’re looking to settle down or grow your portfolio. Facing a breathtaking 3, 500-acre ranch, this peaceful homesite offers tranquility, yet is just minutes from Highway 484 and Hwy 200.
The property is made up of three 1. 25-acre lots, each already divided, meaning you can keep it all together or develop three separate homesites—perfect for investors or anyone looking to maximize income potential. The existing 1981 2/2 mobile home has had some updates but still needs a little work, making it an ideal project for DIY enthusiasts or investors. The generator stays with the trailer.
This property is ready to generate income with a 50-amp hook-up for an additional RV, and a second lot prepped with a breaker box, just needing connection for another RV. The land has already hosted campers, making it an investor's dream.
Tucked away down a 3/4-mile dirt road, this property offers the perfect mix of privacy and convenience, with shopping just 20 minutes away and nearby attractions like Rainbow Springs Park and Silver Springs. Don’t miss out on this fun and flexible opportunity to invest, homestead, or both!
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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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $68 | $68 | $68 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $955 | $884 | $1,163 |
Total Monthly Payment | $1,098 | $1,027 | $1,306 |
* 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.