Welcome to this incredible vacant land opportunity located in the desirable Florida Highlands area of Marion County. This 1. 25-acre lot offers endless possibilities for your dream home or investment property. With a lot width of 165 feet and depth of 315 feet, there’s plenty of space to design and build to your liking.
Zoned General Agriculture (A1), this property provides the flexibility for residential or agricultural use, making it perfect for those seeking a peaceful lifestyle surrounded by nature. Additionally, it is situated in Flood Zone X, meaning no flood insurance is required, adding peace of mind to your investment.
This property comes with a 2024 assessed value of $21, 700 and low taxes of approximately $346. 46 annually, making it an affordable choice for buyers looking to secure land in a growing area. Conveniently located near Ocala, FL, you’ll enjoy the tranquility of rural living while still being close to modern amenities.
Don’t miss out on this fantastic opportunity to own your slice of Florida! Contact us today for more information.
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Our Executive Mortgage Banker:
Our Insurance Division:
$70,000
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 | $56,000 | $56,000 | $56,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $387 | $377 | $476 |
Total Monthly Payment | $462 | $452 | $551 |
* 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.