Discover a premier, income-generating Thoroughbred Training Facility on 41. 41 stunning acres in Marion County, Florida. This property features three barns with a total of 60 spacious 12x12 stalls, all currently leased, ensuring steady income. Equestrian amenities include a hot walker nestled among bottle brush trees, a shaded round pen, an irrigated 5/8-mile dirt track with a clay base, and a ½-mile turf track. The track, recently graded by JD Wright and designed by Kentucky’s renowned firm for pioneering female jockey Remi Gunn, is authorized by Equibase for official Daily Works. Esteemed trainers such as Steve Gaffalione, Monte Thomas, and Janet Del Castillo have trained here, and it has been a site where Eclipse Award-winning jockey Tyler Gaffalione honed his skills. Additional features include a refurbished 3-place starting gate, a 2023 Custom Carolina Arena track drag, two wells, a Keystone Super-Lift “Outback” trailer with full hookups (water, septic, and electricity), four RV hookups, and a 600 sq. ft. shed with extra covered space for vehicles and equipment. The property also includes a 2020 Can-Am ATV and a 2023 Can-Am 6-Wheel UTV. A newly graded 3-acre parcel is ready for your custom home with a separate gated entrance, surrounded by fenced paddocks and a hacking alley. The track's infield offers the potential for a cross-country schooling field or covered arena. Ideally located near I-75/441 and close to top venues like WEC, HITS, and the New Jockey Club, this property combines scenic beauty with high income potential, making it a rare opportunity in Marion County's rolling hills.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,900,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,855 | $14,664 | $20,210 |
Total Monthly Payment | $14,980 | $14,789 | $20,335 |
* 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.