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Situated along the picturesque Withlacoochee River in Lake Panasoffkee Florida, this expansive property encompasses three adjoining parcels totaling over 3. 5 acres with more than 250 feet of riverfront. The custom-built home, constructed in 2012, offers an open-concept design with vaulted ceilings, granite countertops and a cozy bonus room featuring a fireplace. The attached screened patio provides a serene spot to enjoy the natural surroundings and river views. Additional amenities include a large dock, natural boat ramp and a 30x20 enclosed workshop with electricity. The guest cabin, suitable for family or rental income, one bedroom one bathroom and updated amenities, all new electric and metal roof.
All three parcels are fully fenced with an electric gate ensuring privacy and security. Located approximately 13 miles from Inverness, 17 miles from the Villages, 34 miles from Ocala and 76 miles from Tampa Airport. For the nature enthusiasts the nearby Lake Panasoffkee Wildlife Management area spans nearly 9000 acres and offers over eight miles of shared trails suitable for bicycling as well as 18 miles designated for horseback riding and hiking. This property combines the allure of waterfront living with a wealth of recreational activities and modern amenities making it an ideal place to call home.
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Our Executive Mortgage Banker:
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$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,244 | $3,416 | $4,353 |
Total Monthly Payment | $3,457 | $3,629 | $4,566 |
* 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.