00 Castillo Dr ROAD, Alford, FL, 32420 | $17,900

Situated in the beautiful Compass Lake in the Hills community, this slice of paradise is perfect for building your dream home! It's spoken of as being reminiscent of the stunning Carolina foothills. This corner lot is almost an acre and nearby one of the excellent lakes, McCormick Lake. It's also high and dry as shown on an according flood map and not located in a flood zone. Compass Lake in the Hills is a deed restricted subdivision (voluntary HOA $135/yr) located off of Highway 231 in Jackson County, offering many recreational amenities including disk golf, a driving range, swimming pool, camping, waterfront restaurant, and multiple freshwater lakes, with the best one being Compass Lake. Compass Lake is a gorgeous spring-fed lake that is loved for boating, fishing, and water-skiing. On the nearby McCormick Lake there are two wonderful beach areas with water toys, a clubhouse, and two covered pavilions available for rent. McCormick Lake is an exclusive facility only available to members and their guests. No gasoline engines are allowed on that lake, however boats with electric motors are. Enjoy the slower pace of life this community offers while being less than an hour from Panama City Beach and less than 30 minutes to nearby shopping in Marianna. Don't wait for your dream home anymore! *No mobile homes permitted. Pictures of the two home builds in the listing are for reference purposes only and do not reflect this property, but the potential of it!

Features

  • Amenities: Pool
  • Lot Size: 200 x 200
  • Lot Desc: Corner Lot
  • MLS#: TB8332403
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/TB8332403/00castillodrroad_alford_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/23/2024 8:17:10 PM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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00 Castillo Dr ROAD, Alford, FL, 32420

$17,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $14,320 $14,320 $14,320
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.508% 7.171% 6.392%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $98 $95 $122
Total Monthly Payment $173 $170 $197

* 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.