Presented byLisa Flores |
In 1960, legendary investor and timber baron James T Goethe purchased this 478+/- contiguous acres from the Loncala Phosphate Company, where it's stewardship has passed through several generations of heirs since then. The land is available for purchase today for the first time in 63 years and is located in the heart of Ocala's beautiful Horse Country and Farmland Preservation Area. From the property gate, it's a quick eight minute drive (4. 7 miles) to the HITS Winter Circuit and a 13 minute drive (11. 1 Miles) to the famous World Equestrian Center. Unique to this land are three former phosphate excavations with their own ecosystems of ferns, sweetgum, pine and oak trees. This is the ideal location for an equestrian who values big horizons and privacy or anyone with outdoor ambitions for recreation, wildlife and wide open spaces.
Call agent if you would like a tour of the property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,786,095
Licensed Salesperson
William Raveis Real Estate
Phone: 617.309.8018
Lisa.Flores@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,228,876 | $6,228,876 | $6,228,876 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $40,400 | $39,884 | $54,689 |
Total Monthly Payment | $40,525 | $40,009 | $54,814 |
* 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.