Under contract-accepting backup offers. Prime Commercial Corner Lot in Downtown Ocala Business District. Presenting an exceptional opportunity to acquire a 0.29-acre commercial corner lot, strategically positioned in the heart of Ocala's vibrant Downtown Business District. Located near the intersection of S Pine Ave (HWY 441) and SW 5th St, this property offers unparalleled visibility and accessibility. Encircled by a dynamic mix of businesses, professional offices, and automotive service centers, fostering a thriving commercial environment. This mostly cleared lot is primed and ready for development, presenting a versatile canvas for various commercial ventures. Its prime location ensures high traffic exposure, making it an excellent investment opportunity in one of Ocala's most sought-after commercial corridors.
319 SW 5TH STREET, Ocala, FL, 34471
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.
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