This is an excellent opportunity to own a prime residential lot in the highly sought-after Marion Oaks community in the heart of Marion County, Florida. Nestled in a quiet, well-established neighborhood with convenient access to major roads and local amenities. A generously sized lot, providing ample space for custom home development, outdoor living, and landscaping. Residential zoning allows for single-family homes and other related uses (verify with the local zoning office for specific building requirements). Close to schools, shopping centers, parks, and recreational areas. Easy access to the nearby towns of Ocala and Dunnellon. Public water and sewer services are available (verify with local utility providers for specific connections and requirements). Perfect for homebuyers, builders, or investors looking to develop in a growing community. This property offers a peaceful and desirable setting for those seeking to enjoy Florida’s natural beauty while being close to all the conveniences of modern living. Don't miss out on this fantastic opportunity to own a piece of Marion Oaks! Contact us today for more information or to schedule a viewing.
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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 | $52,000 | $52,000 | $52,000 |
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 | $346 | $346 | $446 |
Total Monthly Payment | $421 | $421 | $521 |
* 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.