Cleared lot in Ocala Ridge!. Lots of new single family homes going up in the neighborhood, also duplexes are allowed here with R-2 Zoning, but it seems to be mostly single family in the area. Excellent road quality, corner lot. Very close to downtown Ocala, 5 or 6 minutes to World Equestrian Center, the Ocala strip and everything else is just minutes away from this perfect in town location. Saved thousands of dollars and time not having to get trees removed from this lot to build. This lot is Marion County parcel 2307-113-001. Approximately 7, 405 Sq Ft. lot = 0. 17 acres, a very good size being close to downtown. This lot was split off of a larger parcel. The two lots next to it are also available. The street number listed in the address was made up for GPS mapping/driving purposes only and hasn't been assigned by the County yet. For directions, if you prefer you can copy and paste GPS Coordinates into Google Maps or Apples Maps, or use the address of a neighboring house. GPS Coordinates: 29. 19643479330088, -82. 20808991562055. Or you can use address: 5306 NW 9th Pl Ocala, FL 34482 (not official). This is Ocala Ridge Subdivision, and the seller has several other lots available in the subdivision. Buyer to confirm with Marion County about duplex building requirements if desired. Priced to sell quickly.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $15,996 | $15,996 | $15,996 |
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 | $104 | $102 | $133 |
Total Monthly Payment | $179 | $177 | $208 |
* 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.