THE RAREST OF ALL PROPERTIES! This owner financed property is located in the Ocala National Forest and includes ONE gorgeous lake lot plus approximately 3. 5 acres of fabulous Tobe Lake with a breathtaking view of the Forest. The property has approximately 400 feet bordering the Ocala National Forest. The entire Tobe Lake is approximately 42 acres in size. NO HOA and the 3. 5 acre portion of Tobe Lake is TAX FREE! The lot is zoned R-4 which permits either a mobile home, stick built or block home. Excellent fishing, jet skiing, boating kayaking and hunting! Lot 7 is 78' x 235' being . 49 acre in size. This is a tremendous property at a great price of just $149, 000 and the seller will accept half down payment and seller finance the balance at 8% interest for 15 years at $711. 97 per month. A Survey is included. Also just one lot away, the seller has an additional lake lot available with approximately 375 feet on Tobe Lake for $149, 000. Also, just 1 lot away the seller has two additional lake lots available with a dock and approximately 800 feet on on Tobe Lake for $225, 000. All lots are cash or seller financed. Pick and choose which lots you love the most! Hurry!! This lot is located in the Ocala National Forest which affords you almost a ½ million acres of Forest to roam, 600 lakes, 2 rivers, Juniper Springs, Silver Glen Springs, Salt Springs, Swimming, Skiing, Big BASS Fishing, Boating, Camping, Hiking, Horse back riding and some of the best ATV riding anywhere. Daytona Beach is just 1 hour away. Let the fun begin! You need it!
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,000
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 | $119,200 | $119,200 | $119,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $773 | $763 | $990 |
Total Monthly Payment | $848 | $838 | $1,065 |
* 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.