CLEAN, COZY, and CUTE!! This is a wonderful place to call home! 2 bed, 2 full baths, and 2 car attached garage makes living easy with plenty of storage. 55+ Palm Cay is located in the heart of Ocala FL, Horse Capital of the World, where you will find many activities and shopping just outside gate. The front porch is welcoming with enough room to sit and enjoy an ice tea. When you enter the house, it is light, bright and looks out into the lanai and backyard giving you the feeling of space. You have a small covered patio off lanai for BBQ. The kitchen features tile backsplash, granite countertops, stainless steel appliances. Dining room has sliding doors out to the large lanai for easy access. Lanai is not under heat and air. You'll be able to have friends over to play Phase10 with plenty of room to spare! HVAC was replaced in 2021. Washer and dryer replaced 2024. The house is located only 8 houses from Rec center and pool!! Come and enjoy life in Marion County FL! Call today to schedule your viewing. Palm Cay is a 55+ community.
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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 | $1,120 | $1,120 | $1,120 |
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 | $7 | $7 | $10 |
Total Monthly Payment | $82 | $82 | $85 |
* 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.