Florida Golf Course Living at its FINEST & INLAND > away from most hurricane threats! This Spacious Coventry Model is located on the 9th Hole of the Private Tortoise and The Hare Golf Course! With 2187 sq. ft. of Heated/AC living space, and 2859 sq. ft. under roof, this is one of the larger homes in the Avalon Neighborhood of the Premiere 55+ Gated Golf Community of On Top of the World in SW Ocala FL. Located in one of the maintenance free neighborhoods, you’ll have lots of extra time to enjoy all the amenities as the HOA takes care of the outside maintenance and landscaping! This OPEN CONCEPT FLOORPLAN boasts 3 bedrooms (split bedroom plan), Flex Room/Den with pocket doors, 2 baths (primary en suite with step-in shower & two separate vanities), 2-car garage home with expansive GOLF COURSE VIEWS! Laminate floors and plantation shutters throughout! HVAC 2021, Double Pane Windows, Screened Lanai 2021, & New Irrigation System! The gourmet kitchen with natural gas range, newer appliances, pull-outs in lower cabinets, and more is an entertainer’s delight! Inside laundry and more! This community offers an active and vibrant lifestyle with regular neighborhood gatherings, and easy access to the best of local culture, including music, theater, and the World Equestrian Center. The central location also provides convenient access to the VA facility in Gainesville, ranked the one of the best in the nation, and even offers views of rocket launches from the neighborhood! The monthly HOA fee includes basic cable, roof repair, exterior painting every seven years, exterior maintenance and insurance, landscaping, trash & recycling, 24/7 guarded gates and all that OTOW has to offer; three pools (2 outside & 1 inside & another under construction), dog parks, two state of the art fitness centers, pickleball, billiards, archery range, corn hole, bocce ball, tennis, shuffleboard, horse shoes, remote control flying field and race cars, 175+ clubs, woodworking shop (extra fee), library, and much, much more! A golf cart community with access to three shopping centers. *** POTENTIAL TURN-KEY PURCHASE FOR SEASONAL RESIDENT OR INVESTOR!
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:
$372,900
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 | $298,320 | $298,320 | $298,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $227 | $227 | $227 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,935 | $1,910 | $2,477 |
Total Monthly Payment | $2,237 | $2,212 | $2,779 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.