Simply AMAZING Opportunity To Own OVER 4 ACRES Zoned AG in Riverfront Home on PRIMO lot with NO HOA. What?? Seller lives in Quaint and Unique 2/1 home with very interesting background as used to be a barn before creative GC gutted and designed this abode. Home square footage deceiving as incredibly spacious layout inside that boasts 10 foot ceilings and built in features. Enchanting interior uses every inch of space; including a super cool library that is built into the walls with a couple other batman-like features. Library is L shaped so actually additional 10'x6' to dimensions noted on MLS. Historical and Nostalgia Filled, this lot was once part of the Osceola Cypress Mill in the early 1920's that was a huge sawmill in Geneva right on the St. Johns River. The owner has already cleared land closer to the river where a larger home can be built if buyer chooses to do so. Neighbor a few doors down is doing exactly that right now. You can also add on to the existing home as well; the 17'x19' slab outside of the library was placed there to build addition but the Seller never had need to do so. Possibilities are truly endless as the list goes on noting how awesome this property actually is. Absolutely beautiful riverfront views from the property and quick boat ride takes you up the river to Lake Harney in minutes. Extensive 227 Foot River Frontage with Private Boat Ramp. There is also a 35'x8' piling dock with 23' aluminum ramp (damaged by hurricane) in process of being repaired. Seller owns a 23' ski-boat and has spent 24 years enjoying his time there waterskiing. Hold On-There's MORE!! Property is Zoned A-5 and allows horses and livestock with plenty of room to roam on this lovely lot. AG Exemption Available. The Seller owned horses for many years but there are no animals on the property currently. There are stables but they need to be rehabbed as haven't been used in years. Already permitted so just a matter of redoing what is already there. The BEST PART is that there is a nice, clean paddock and cleared 2. 5 acre pasture ready for your majestic grass-powered gallopers to call home if horses are in your family. Full Electric Workshop located next to the home with a 35'x40' carport behind it where vehicles and boat are stored. Mature vegetation with lots of places to start garden and carry on what the Seller started and continues to maintain. This property is high and dry on the bluff and has not flooded the entire time owner lived there. On the riverbank there is a 6' BLUFF that keeps the river in its place and does not allow floodwater to get onto the rest of the property. Hurricane Tested!! Fantastic Seminole County A+ School District. Live totally off the grid on the river with horses, livestock, built in electric generator, septic and well in your own compound. Excellent place to view launches from Kennedy Space Center from your own front yard over the river. Enough space on the property to do a wide variety of things. Must See to Appreciate!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $288 | $288 | $288 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,867 | $3,772 | $4,763 |
Total Monthly Payment | $4,247 | $4,152 | $5,143 |
* 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.