WATERFRONT ACREAGE in Marion County, Florida only 25+/- miles from Ocala and/or Gainesville • There are a total of 10 lots on this 114 acre rural development (Only 5 lots remain, inventory selling fast!). This listing is for lot #1...additional parcels available (pics are of entire project and may not be site specific but all lots are similar) • Two SPRING FED PONDS (10 acre & 3 acre) with WHITE SANDY BOTTOM!• Gently Rolling pastures with Large Live Oaks/Pines around the Ponds • Private Limerock Drive off Hwy 318 in convenient NE Marion Co., FL • Minor Deed Restrictions to protect integrity of your investment but NO HOA! • Zoning - A1 / Land Use - Rural Lands (1 unit per 10 acres). • Owner Financing Available... 10% down, 10.9%, 10 year amortization / 3 year Balloon, Payments = $2,293/mo. (Buyer pays all Closing Costs on Owner Financed Sales including Doc Stamps, Intangible Tax, Recording Fees, Title Insurance & $100 closing fee - total estimated to be approx. $4,600).
Subdivision:
TWO POND FARMS ALS
Current Use
Cattle, Horses, Livestock, Other, Tracts
Utilities
Electrical Nearby
Lot Description:
Buildable, Cleared, Farm, Pasture
Lot 1 - 10.75ac E Hwy 318, Citra, FL, 32113
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
